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ONGC Dividend 2024 Record Date
ONGC (Oil and Natural Gas Corporation Limited) has rescheduled its Board Meeting from 13th February to 10th February 2024, wherein the Un-Audited Financial Results for the Quarter and Nine Months ending on 31st December 2024 will be considered. Additionally, the Record Date for determining eligibility for the 2nd Interim Dividend, if declared, has been revised to 17th February 2024, by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Trading Window remains closed for insiders until 12th February 2024.
ONGC Dividend 2024 Record Date
In the year 2024-24, ONGC (Oil and Natural Gas Corporation) declared an interim dividend of Rs 5.75 per share, amounting to 115%. The record date for dividend eligibility had been set on November 21, 2024. Shareholders entitled to the dividend had received their payments on or before December 10, 2024. This announcement followed the approval of the board of directors and aligned with ONGC’s tradition of consistently distributing dividends to its investors.
ONGC’s current share price stands at 263.15 INR, reflecting a 2.29% increase today. With an opening at 260.05 INR and a high of 264.60 INR, the company’s market performance is notable, accompanied by a dividend yield of 3.89%. Here are the detailed information about ONGC Share Price:
ONGC
The Oil and Natural Gas Corporation Limited (ONGC) is a prominent Indian central public sector undertaking, operating under the Ministry of Petroleum and Natural Gas, Government of India. Established on August 14, 1956, ONGC holds the Maharatna status and is headquartered in New Delhi. It stands as the largest government-owned oil and gas explorer and producer in India, contributing significantly to the country’s crude oil and natural gas production. With involvement in 26 sedimentary basins across India and ownership of over 11,000 kilometers of pipelines, ONGC plays a vital role in the energy sector.
Internationally, its subsidiary ONGC Videsh operates in 15 countries. Recognized for its profitability and global standing, ONGC maintains production in matured fields through innovative strategies like Improved Oil Recovery (IOR) and Enhanced Oil Recovery (EOR). It has consistently demonstrated a robust Reserve Replacement Ratio and, in 2018, acquired a majority stake in Hindustan Petroleum Corporation Limited (HPCL), further strengthening its presence in the energy industry.
