Oil and Natural Gas Corporation Limited

NSEI:ONGC Stock Report

Market Cap: ₹3.2t

Oil and Natural Gas Dividends and Buybacks

Dividend criteria checks 5/6

Oil and Natural Gas is a dividend paying company with a current yield of 5.04% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 20th November, 2024.

Key information

5.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield6.0%
Dividend Growth6.7%
Next dividend pay date11 Dec 24
Ex dividend date20 Nov 24
Dividend per share₹12.500
Payout ratio38%

Recent dividend and buyback updates

Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹6.00

Nov 14
Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹6.00

Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50

Aug 09
Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50

Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹5.75

Nov 13
Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹5.75

Recent updates

Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹6.00

Nov 14
Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹6.00

Lacklustre Performance Is Driving Oil and Natural Gas Corporation Limited's (NSE:ONGC) Low P/E

Nov 11
Lacklustre Performance Is Driving Oil and Natural Gas Corporation Limited's (NSE:ONGC) Low P/E

Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50

Aug 09
Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50

Oil and Natural Gas Corporation Limited (NSE:ONGC) Full-Year Results: Here's What Analysts Are Forecasting For This Year

May 23
Oil and Natural Gas Corporation Limited (NSE:ONGC) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Oil and Natural Gas' (NSE:ONGC) Returns Have Hit A Wall

Apr 09
Oil and Natural Gas' (NSE:ONGC) Returns Have Hit A Wall

Calculating The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Mar 19
Calculating The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Oil and Natural Gas (NSE:ONGC) Is Doing The Right Things To Multiply Its Share Price

Dec 27
Oil and Natural Gas (NSE:ONGC) Is Doing The Right Things To Multiply Its Share Price

A Look At The Intrinsic Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Dec 06
A Look At The Intrinsic Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹5.75

Nov 13
Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹5.75

There's Been No Shortage Of Growth Recently For Oil and Natural Gas' (NSE:ONGC) Returns On Capital

Sep 18
There's Been No Shortage Of Growth Recently For Oil and Natural Gas' (NSE:ONGC) Returns On Capital

Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹0.50

Aug 10
Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹0.50

Here's Why Oil and Natural Gas (NSE:ONGC) Has A Meaningful Debt Burden

Jul 09
Here's Why Oil and Natural Gas (NSE:ONGC) Has A Meaningful Debt Burden

A Look At The Intrinsic Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Jun 18
A Look At The Intrinsic Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

There's Been No Shortage Of Growth Recently For Oil and Natural Gas' (NSE:ONGC) Returns On Capital

May 28
There's Been No Shortage Of Growth Recently For Oil and Natural Gas' (NSE:ONGC) Returns On Capital

A Look At The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Mar 18
A Look At The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹4.00

Feb 17
Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹4.00

Oil and Natural Gas (NSE:ONGC) Has A Somewhat Strained Balance Sheet

Jan 30
Oil and Natural Gas (NSE:ONGC) Has A Somewhat Strained Balance Sheet

Oil and Natural Gas (NSE:ONGC) Is Increasing Its Dividend To ₹6.75

Nov 21
Oil and Natural Gas (NSE:ONGC) Is Increasing Its Dividend To ₹6.75

Is There An Opportunity With Oil and Natural Gas Corporation Limited's (NSE:ONGC) 44% Undervaluation?

Oct 31
Is There An Opportunity With Oil and Natural Gas Corporation Limited's (NSE:ONGC) 44% Undervaluation?

Stability and Growth of Payments

Fetching dividends data

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

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


Dividend Yield vs Market

Oil and Natural Gas Dividend Yield vs Market
How does ONGC dividend yield compare to the market?
SegmentDividend Yield
Company (ONGC)5.0%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.2%
Industry Average (Oil and Gas)2.7%
Analyst forecast (ONGC) (up to 3 years)6.0%

Notable Dividend: ONGC's dividend (5.04%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).

High Dividend: ONGC's dividend (5.04%) is in the top 25% of dividend payers in the Indian market (1.15%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (38.3%), ONGC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (55.3%), ONGC's dividend payments are covered by cash flows.


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