ONGC Sets Record Date For Interim Dividend As Investors Get Last Chance To Buy Shares

Oil and Natural Gas Corporation shares remain in focus today as it is the final opportunity for investors to buy the stock and become eligible for an interim dividend of 8 rupees per share. The company fixed November 12, 2026, as the record date to determine eligible shareholders following a board meeting on November 5 alongside September-quarter results for financial year 27.

Payout Details

The dividend represents a payout of 160 percent on the face value of 5 rupees per equity share. The total dividend outgo reaches 10,064 crore rupees, marking the highest-ever payout in a single instalment by the company. Because the Indian stock market follows a T plus 1 settlement cycle, shares trade ex-dividend on November 12, and the payment is expected within 30 days of declaration.

Historical Track Record

ONGC previously declared three dividends for financial year 26 totaling 13.25 rupees per share, and distributed a total of 12.25 rupees per share in financial year 25. The latest interim dividend translates to a dividend yield of roughly 3.4 percent based on a share price of 233.50 rupees, while the trailing 12-month dividend yield stands near 5.67 percent.

Market Performance

Stock performance shows a decline of 0.64 percent in the latest trading session, alongside a 5.18 percent gain over the past week and 5.53 percent over the last month. Year-to-date figures show a 1.87 percent decline and one-year returns stand at negative 6.39 percent, though longer-term figures show gains of 19.19 percent over three years and 52.12 percent over five years.

Context

Dividends represent a portion of a company's profits distributed to its shareholders, serving as a regular income stream for investors who hold stocks in public sector undertakings. Companies set specific record dates to officially verify which investors own the shares in their depositories and qualify to receive the announced payout.