Ioc Dividend Record Date 2023: Get All Details Here!

As per readers’ demand, we have come up with this article. In this article, we are going to discuss Ioc Dividend Record Date 2023. If you are excited and interested in this, stick with this page and must read it till the end. Here we have discussed some imperative factors associated with it and shed light on Ioc Dividend Record Date 2023. In the following sections, you will also get to learn some interesting facts about Ioc Dividend Record Date 2023 as well. Kindly drag down the page to take a look at the following sections and read it till the end,

Ioc Dividend Record Date 2023

Before discussing IOC Dividend Record Date 2023 let’s take a look at last year’s equity dividend of IOC. Indian Oil Corporation has announced an equity dividend of 114.00% cost to Rs 11.4 per share for the year ending March 2022. At the current share price of Rs 78.60 this results in a dividend yield of 14.5%. Indian Oil Corporation has a good dividend track report and has consistently announced dividends for the previous five years. It is expected that the company will continue to declare dividends in the coming years. Drag down the page and read more details.

Indian Oil Corporation, Indian Oil Details of Unclaimed / Unpaid Dividend, Indian Oil Corporation Lt Dividend Type Rate Due date 1 2015-16 Interim: 55% : 13-03-2023: 2 2015-16: Final: 85% : 16-10-2023: 3 2016-17 for transfer to IEPF, is necessary to be transferred to the IEPF (Investor Education & Protection Fund) constituted by the Indian government. You can check all the details of IOC (Indian Oil Corporation) Dividends in The Economic Times. In addition, you can also check the Effective Date, Announcement Date, Percentage of Dividend, and Dividend Type ( Final, Interim, and Special) given information for Indian Oil Corporation Lt Alok Jain mentioned 5 steps to improve economic conditions in Budget 2023. Scroll down the page and read further details.

It is imperative to pay attention to Section 124(5) of the Companies Act, 2013 as it says the dividend amount remaining unclaimed or unpaid for 7 years is required to be transferred to the IEPF (Investor Education & Protection Fund) constituted by the Indian Government. Section 124(6) of the Companies Act, 2013 says rules made there under claims that all shares in respect of which dividend has not been paid or claimed for 7 consecutive years or more shall be transferred by the Company to the IEPF authority’s Demat account. Stay tuned to this website for more details and updates.