IOC Dividend History

IOC Dividend History: Dividend Per Share, Dates & Timeline

Check the complete IOC Dividend History from 2001 to 2026, including dividend per share, interim, final dividends, dividend dates, recent payments and financial-year dividend details.

Updated: 1 October 2026

Indian Oil Corporation Limited (IOC) has a long history of distributing dividends to shareholders. The company may declare interim and final dividends depending on its financial performance, board decisions and applicable approvals.

IOC’s dividend frequency can vary from year to year. In some years the company has paid one dividend, while in other years it has declared multiple interim dividends followed by a final dividend.

For FY2025-26, IOC declared total dividends of ₹8.25 per equity share, consisting of ₹7.00 in interim dividends and ₹1.25 final dividend.

₹8.25 FY 2025-26 Total Dividend
₹1.25 Latest Final Dividend
2026 Latest Dividend Year
IOC NSE Symbol

IOC Dividend 2026

₹8.25 Total IOC dividend per share for FY2025-26

For FY2025-26, Indian Oil Corporation declared an interim dividend of ₹7.00 per share during the financial year and recommended a final dividend of ₹1.25 per share.

FY2025-26 IOC Dividend:₹5.00 + ₹2.00 Interim Dividends + ₹1.25 Final Dividend = ₹8.25 per share.

IOC Dividend History 2001 to 2026

Upstox (Free Account Opening)

Flat ₹20 Per Trade.
Backed By Mr. Rata Tata

The table below provides the IOC dividend payment history from 2001 through 2026. It includes interim, final and multiple dividend payments declared during the same financial year.

Ex-DateDividend Per ShareDividend Type
14 August 2026₹1.25FINAL
12 March 2026₹2.00INTERIM
18 December 2025₹5.00INTERIM
8 August 2025₹3.00FINAL
12 July 2024₹7.00FINAL
10 November 2023₹5.00INTERIM
28 July 2023₹3.00FINAL
11 August 2022₹2.40FINAL
9 February 2022₹4.00INTERIM
11 November 2021₹5.00INTERIM
5 August 2021₹1.50FINAL
23 March 2021₹3.00INTERIM
9 February 2021₹7.50INTERIM
23 March 2020₹4.25INTERIM
21 August 2019₹1.00FINAL
27 March 2019₹1.50INTERIM
21 December 2018₹6.75INTERIM
20 August 2018₹2.00FINAL
8 February 2018₹19.00INTERIM
18 August 2017₹1.00FINAL
24 March 2017₹4.50INTERIM
9 February 2017₹13.50INTERIM
2 September 2016₹8.50FINAL
23 February 2016₹5.50INTERIM
4 September 2015₹6.60FINAL
22 August 2014₹8.70FINAL
22 August 2013₹6.20FINAL
5 September 2012₹5.00FINAL
15 September 2011₹9.50FINAL
8 September 2010₹13.00FINAL
2 September 2009₹7.50FINAL
9 September 2008₹5.50FINAL
10 September 2007₹13.00FINAL
26 December 2006₹6.00INTERIM
7 September 2006₹12.50FINAL
8 September 2005₹10.00FINAL
29 December 2004₹4.50INTERIM
23 August 2004₹16.00FINAL
1 January 2004₹5.00INTERIM
18 September 2003₹16.00FINAL
3 February 2003₹5.00INTERIM
12 September 2002₹0.00FINAL
27 August 2001₹0.00FINAL
Important IOC Dividend History Note

IOC’s historical dividend records are reported using the dividend rate/share basis applicable at the time. The company has also undertaken corporate actions, including bonus issues, so historical dividend amounts should not always be compared directly without considering the relevant share structure.

The 2001 and 2002 entries of ₹0.00 represent historical zero-value dividend records and should not be interpreted as cash dividends received by shareholders.

IOC Dividend 2025-26

Indian Oil Corporation’s FY2025-26 dividend consisted of multiple payments during the year.

DividendAmount Per ShareEx-DateType
December 2025₹5.0018 December 2025Interim
March 2026₹2.0012 March 2026Interim
August 2026₹1.2514 August 2026Final
FY2025-26 Total₹8.25—Total
IOC FY2025-26 Total Dividend:₹5.00 + ₹2.00 + ₹1.25 = ₹8.25 per share.

IOC Dividend 2025

For FY2024-25, IOC declared a final dividend of ₹3.00 per equity share.

FY2024-25 Final Dividend: ₹3.00 per share.

IOC Dividend 2024

For FY2023-24, IOC declared an interim dividend of ₹5.00 per share and a final dividend of ₹7.00 per share.

₹12.00 Total dividend for FY2023-24
Dividend TypeAmount
Interim Dividend₹5.00
Final Dividend₹7.00
Total₹12.00

IOC Dividend 2023

IOC declared a final dividend of ₹3.00 per share in 2023 for FY2022-23.

FY2022-23 Final Dividend: ₹3.00 per share.

IOC Dividend 2022

IOC declared an interim dividend of ₹4.00 per share and a final dividend of ₹2.40 per share for FY2021-22.

₹6.40 Total dividend for FY2021-22

IOC Dividend 2021

FY2020-21 was one of the years in which IOC declared multiple interim dividends followed by a final dividend.

Dividend TypeAmount Per Share
Interim Dividend₹7.50
Interim Dividend₹3.00
Final Dividend₹1.50
Total FY2020-21₹12.00

IOC Dividend History: Recent Financial Years

Financial YearTotal DividendDividend Details
FY2025-26₹8.25 ₹5.00 + ₹2.00 Interim + ₹1.25 Final
FY2024-25₹3.00₹3.00 Final
FY2023-24₹12.00₹5.00 Interim + ₹7.00 Final
FY2022-23₹3.00₹3.00 Final
FY2021-22₹6.40₹4.00 Interim + ₹2.40 Final
FY2020-21₹12.00 ₹7.50 + ₹3.00 Interim + ₹1.50 Final
FY2019-20₹4.25₹4.25 Interim
FY2018-19₹10.25₹6.75 Interim + ₹2.00 Final + ₹1.50 Interim
FY2017-18₹23.00 ₹19.00 Interim + ₹1.00 Interim + ₹1.00 Final + historical dividend classification

How Many Times Does IOC Give Dividend?

IOC does not have a fixed number of dividend payments every year. The number of payments depends on the company’s dividend declarations for the relevant financial year.

In some years IOC has declared only one final dividend. In other years, it has declared two or three payments, including interim dividends.

FY2025-26:IOC declared three dividend payments: ₹5.00 interim, ₹2.00 interim and ₹1.25 final.

Therefore, the answer to “How many times does IOC give dividends?” is that the frequency varies by year rather than being fixed.

IOC Dividend 2026 Timeline

December 2025

IOC Interim Dividend – ₹5.00

IOC declared an interim dividend of ₹5.00 per equity share.

Ex-dividend date: 18 December 2025.

March 2026

IOC Interim Dividend – ₹2.00

IOC declared another interim dividend of ₹2.00 per equity share.

Ex-dividend date: 12 March 2026.

May 2026

IOC Final Dividend – ₹1.25

The IOC Board recommended a final dividend of ₹1.25 per equity share for FY2025-26.

Ex-dividend date: 14 August 2026.

FY2025-26

Total IOC Dividend – ₹8.25

Total dividend for FY2025-26: ₹8.25 per share.

₹5.00 + ₹2.00 interim dividends + ₹1.25 final dividend.

IOC Dividend Calculation

Dividend income can be calculated by multiplying the number of eligible IOC shares by the dividend declared per share.

FY2025-26 IOC Dividend Example
Shares held 1,000 shares
Total dividend per share ₹8.25
Calculation 1,000 × ₹8.25
Gross Dividend
₹8,250
Important Dividend Calculation Note

The ₹8,250 example is a simple calculation based on 1,000 eligible shares and ₹8.25 total dividend per share. Actual dividend receipts may differ because of applicable tax deductions and shareholder eligibility.

IOC Dividend 2023

In 2023, IOC declared two dividends: a ₹3.00 final dividend in July and a ₹5.00 interim dividend in November.

₹8.00 Total IOC dividends declared in calendar year 2023

IOC Dividend 2022

In 2022, IOC declared an interim dividend of ₹4.00 per share followed by a final dividend of ₹2.40 per share.

2022 Total: ₹4.00 + ₹2.40 = ₹6.40 per share.

IOC Dividend 2021

IOC declared multiple dividends in 2021. The payment history included two interim dividends and one final dividend.

2021 Total: ₹7.50 + ₹3.00 + ₹1.50 = ₹12.00 per share.

IOC Bonus Shares and Dividend History

IOC has undertaken bonus share issues in its corporate history. Therefore, investors comparing older dividend amounts with recent dividend amounts should consider the relevant bonus and corporate action history.

Why Historical IOC Dividends Can Look Different

A dividend amount from an earlier period is not always directly comparable with a recent dividend because the number of shares outstanding and the shareholding structure can change after bonus issues and other corporate actions.

About Indian Oil Corporation Limited

Indian Oil Corporation Limited (IOCL), commonly known as IndianOil or IOC, is one of India’s major integrated oil and gas companies.

The company operates across refining, petroleum product marketing, pipelines, petrochemicals and other energy-related businesses.

  • Company: Indian Oil Corporation Limited
  • NSE Symbol: IOC
  • BSE Code: 530965
  • Industry: Oil & Gas / Refineries
  • Headquarters: New Delhi, India

IOC Dividend Track Record

IOC has a long history of shareholder distributions. The historical record shows that the company has used both final and interim dividends, with multiple interim payments occurring in some financial years.

The number and amount of dividends can vary depending on the company’s financial results, board recommendations, shareholder approvals and other applicable factors.

Recent IOC Dividend Pattern:One final dividend in some years, while other years include multiple interim dividends plus a final dividend.

IOC Dividend History FAQs

Q1. How many times does IOC give dividends?
IOC does not pay a fixed number of dividends every year. Depending on the financial year, it may declare one final dividend or multiple interim and final dividends.
Q2. What is IOC’s latest dividend in 2026?
IOC’s latest dividend in this updated history is a ₹1.25 per share final dividend for FY2025-26.
Q3. What is IOC’s total dividend for FY2025-26?
IOC’s total dividend for FY2025-26 was ₹8.25 per share, comprising ₹5.00 and ₹2.00 interim dividends and a ₹1.25 final dividend.
Q4. How many dividends did IOC pay in 2026?
IOC’s FY2025-26 dividend record contains three payments: ₹5.00 interim, ₹2.00 interim and ₹1.25 final.
Q5. What was IOC’s dividend in 2025?
IOC declared a final dividend of ₹3.00 per share for FY2024-25.
Q6. What was IOC’s dividend in 2024?
IOC declared a ₹5.00 interim dividend and a ₹7.00 final dividend for FY2023-24, giving a total of ₹12.00 per share.
Q7. What was IOC’s dividend in 2023?
In calendar year 2023, IOC declared a ₹3.00 final dividend and a ₹5.00 interim dividend, totaling ₹8.00 per share.
Q8. What was IOC’s dividend in 2022?
IOC declared ₹4.00 interim and ₹2.40 final dividend in 2022, totaling ₹6.40 per share.
Q9. What was IOC’s dividend in 2021?
IOC declared ₹7.50, ₹3.00 and ₹1.50 dividends in 2021, totaling ₹12.00 per share.
Q10. Does IOC pay dividends every year?
IOC has a long history of dividend declarations, but the number and amount of payments can vary between financial years. Historical records should therefore be checked year by year.
Q11. What was IOC’s highest dividend in recent years?
Among the recent financial-year totals shown on this page, FY2020-21 had total dividends of ₹12.00 per share, while FY2023-24 also totaled ₹12.00 per share.
Q12. What is IOC dividend history from 2001 to 2026?
The complete IOC dividend history from 2001 to 2026 is provided in the table above, including interim and final dividends and the historical zero-value entries.

Related Dividend History

Read also: Vedanta Dividend History

Also read: Tata Steel Dividend History

Conclusion

The IOC Dividend History shows that Indian Oil Corporation has used both interim and final dividends over the years. The number of dividend payments is not fixed and can vary according to the financial year.

For FY2025-26, IOC declared total dividends of ₹8.25 per share, consisting of ₹5.00 interim, ₹2.00 interim and ₹1.25 final dividend.

For investors researching IOC dividend history, the recent financial-year totals include:

FY2025-26 – ₹8.25   |   FY2024-25 – ₹3.00   |   FY2023-24 – ₹12.00   |   FY2022-23 – ₹3.00

Historical dividend payments can help investors understand a company’s shareholder-distribution record, but past dividends do not guarantee future dividends.

Dividend History Disclaimer

IOC dividend history is provided for informational and educational purposes only. Dividend declarations, record dates, ex-dates, payment dates, taxation and future payouts may change. Investors should verify the latest information from IndianOil’s official disclosures and stock-exchange filings before making investment decisions.

Last Updated: 1 October 2026
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Satish Godara is the founder and publisher of TradingMinds.in, a financial information and investment-education website focused on IPOs, Grey Market Premium (GMP), stock-market information, financial calculators, and investor resources.Through TradingMinds.in, Satish focuses on making financial information easier to understand and accessible to retail investors. He publishes content covering IPO price bands, subscription details, important dates, allotment information, listing updates, GMP, market-related topics, and practical financial tools.Satish has a particular interest in simplifying complex financial information and developing useful online resources that help readers research and understand financial topics.His areas of interest include IPO research, equity markets, investment education, financial technology, financial calculators, and investor-focused digital tools.

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