Oil India Dividend

Dividend criteria checks 4/6

Oil India is a dividend paying company with a current yield of 2.78% that is well covered by earnings.

Key information

2.8%

Dividend yield

32%

Payout ratio

Industry average yield2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₹54.75
Dividend yield forecast in 3Y3.9%

Recent dividend updates

Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50

Nov 11
Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50

Recent updates

Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

Mar 23
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

A Look At The Intrinsic Value Of Oil India Limited (NSE:OIL)

Mar 05
A Look At The Intrinsic Value Of Oil India Limited (NSE:OIL)

There's No Escaping Oil India Limited's (NSE:OIL) Muted Earnings Despite A 25% Share Price Rise

Feb 13
There's No Escaping Oil India Limited's (NSE:OIL) Muted Earnings Despite A 25% Share Price Rise

Oil India Limited's (NSE:OIL) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Dec 27
Oil India Limited's (NSE:OIL) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

Dec 23
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50

Nov 11
Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50

Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

Sep 19
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

A Look At The Fair Value Of Oil India Limited (NSE:OIL)

Jul 14
A Look At The Fair Value Of Oil India Limited (NSE:OIL)

Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly

May 31
Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly

We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt

Feb 13
We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt

Industry Analysts Just Upgraded Their Oil India Limited (NSE:OIL) Revenue Forecasts By 19%

Nov 26
Industry Analysts Just Upgraded Their Oil India Limited (NSE:OIL) Revenue Forecasts By 19%

Oil India (NSE:OIL) Is Increasing Its Dividend To ₹4.50

Nov 14
Oil India (NSE:OIL) Is Increasing Its Dividend To ₹4.50

Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

Nov 13
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

Oil India's (NSE:OIL) Dividend Will Be Increased To ₹5.00

Sep 04
Oil India's (NSE:OIL) Dividend Will Be Increased To ₹5.00

Here's Why Oil India (NSE:OIL) Has Caught The Eye Of Investors

Jul 29
Here's Why Oil India (NSE:OIL) Has Caught The Eye Of Investors

Estimating The Fair Value Of Oil India Limited (NSE:OIL)

Jul 11
Estimating The Fair Value Of Oil India Limited (NSE:OIL)

Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly

Jun 01
Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: OIL's dividend payments have been volatile in the past 10 years.

Growing Dividend: OIL's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Oil India Dividend Yield vs Market
How does OIL dividend yield compare to the market?
SegmentDividend Yield
Company (OIL)2.8%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Oil and Gas)2.1%
Analyst forecast in 3 Years (OIL)3.9%

Notable Dividend: OIL's dividend (2.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: OIL's dividend (2.78%) is in the top 25% of dividend payers in the Indian market (1.18%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32%), OIL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (6191.5%), OIL's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.