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This PSU declares 135% dividend; share hits 4-month high
The public sector oil and gas major has declared an interim dividend of ₹6.75 on each equity share of ₹5, resulting in a total payout of ₹8,492 crore.
The public sector oil and gas major has declared an interim dividend of ₹6.75 on each equity share of ₹5, resulting in a total payout of ₹8,492 crore.
Amid the announcement, shares of three out of four oil producers and refiners are down. RIL stock is up 0.16%, while ONGC, GAIL, IOC are down by 1.39%, 1.77%, and 0.28%, respectively