Oil India Dividend
Dividend criteria checks 4/6
Oil India is a dividend paying company with a current yield of 1.54% that is well covered by earnings. Next payment date is on 14th October, 2024 with an ex-dividend date of 30th August, 2024.
Key information
1.5%
Dividend yield
27%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 14 Oct 24 |
| Ex dividend date | 30 Aug 24 |
| Dividend per share | ₹10.500 |
| Earnings per share | ₹41.77 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Oil India (NSE:OIL) Is Paying Out Less In Dividends Than Last Year
Aug 20
Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50
Nov 11Recent updates
Oil India (NSE:OIL) Is Paying Out Less In Dividends Than Last Year
Aug 20Oil India Limited (NSE:OIL) Stock Rockets 25% But Many Are Still Ignoring The Company
Jul 21Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Jul 15There May Be Reason For Hope In Oil India's (NSE:OIL) Disappointing Earnings
May 27Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Mar 23A Look At The Intrinsic Value Of Oil India Limited (NSE:OIL)
Mar 05There's No Escaping Oil India Limited's (NSE:OIL) Muted Earnings Despite A 25% Share Price Rise
Feb 13Oil India Limited's (NSE:OIL) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 27Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Dec 23Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50
Nov 11Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Sep 19A Look At The Fair Value Of Oil India Limited (NSE:OIL)
Jul 14Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly
May 31We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt
Feb 13Industry Analysts Just Upgraded Their Oil India Limited (NSE:OIL) Revenue Forecasts By 19%
Nov 26Oil India (NSE:OIL) Is Increasing Its Dividend To ₹4.50
Nov 14Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Nov 13Oil India's (NSE:OIL) Dividend Will Be Increased To ₹5.00
Sep 04Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OIL) | 1.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.2% |
| Analyst forecast in 3 Years (OIL) | 2.9% |
Notable Dividend: OIL's dividend (1.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: OIL's dividend (1.54%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), OIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OIL is paying a dividend but the company has no free cash flows.