Recently IOC (Indian Oil Corporation Limited) company has announced a dividend. The most critical metric to find out about any company divided is the dividend yield.
Calculate Dividend yield: Dividend per share by its current market price. This is a better metric to know how much dividend the company is paying.
Indian Oil Corporation Limited: It is a PSU company that is India’s leading company in the sector of refining and petroleum marketing. This company has declared a dividend of Rs 4 per share and its ex-dividend date is 9 February 2022.
Shareholders held on or before February 8 will be eligible for the dividend. The yield of this dividend is made up to 3.25%.
The company has a PE ratio of 4.26 and a debt to equity ratio of 0.85. The company’s return on equity is 20.88% and its net profit margin is 5.98%.
The sales of the company have compounded at the rate of 1.01% in the last 5 years and the share of the company has increased by 25.96% in the last year.
In the last 5 years, the company’s stock has gone down by a rate of 8.47%.
|52 Week High||141.50|
|52 Week Low||86.75|
|Mkt Cap (Rs. Cr.)||114,099|
|Book Value Per Share||120.08|
|Net Profit 2021 (Rs. Cr.)||20,565|
|Debt to equity (2021)||0.97|
|Revenue 2021 (Rs. Cr.)||363,949|
|Dividend/Share (INR) (Mar 2021)||12.00|
This article is only for education purpose and the author has his own views and research, so if you invest in these stocks then do it at your own risk and do the research yourself before investing.