Oil India dividend 2026: Rs 7 per share announced in Q3 results; Feb 18 record date

Oil India Dividend Q3 2026: Oil India Limited, a Maharatna PSU, has declared an interim dividend for its shareholders along with the Q3 FY2026 results. In an exchange filing, Oil India said that the board has recommended a dividend payout of 70 per cent on each share of Rs 10 face value. This translates into a payout of Rs 7.

This is the second interim dividend by Oil India for the current financial year (FY2026).

Oil India Dividend 2026 Record Date

Besides, Oil India has also fixed the record date and payment date for second interim dividend of Rs 7. As per the filing, Oil India board has set February 18 as the record date while dividend will be paid to eligible shareholders before March 11.

"Second Interim Dividend of Rs 7 per share (70% of paid-up capital) for the financial year 2025-26. The Second Interim dividend declared shall be paid on or before 11th March, 2026," Oil India said in filing.

"Wednesday, 18th February, 2026 as the Record Date for ascertaining the eligibility of shareholders for payment of Second Interim Dividend 2025-26," Oil India added in the filing.

Oil India Q3 Results FY26

Oil India Q3 FY2026 reported 10.8 per cent YoY decline in its profit after tax (PAT) to Rs 1,195 crore. The PSU had earned a net profit of Rs 1,339 crore in the same quarter a year ago.

The net revenue in the reporting quarter came in flat at Rs 8,330 crore, compared with Rs 8,337 crore in the third quarter FY25.

EBITDA fell by 6.2 per cent to Rs 2511 core in the three-month period under review from Rs 2678 crore clocked in the corresponding quarter of last fiscal.

EBITDA Margin also contracted in the quarter by 198 bps YoY to 30.1 per cent from 32.1 in a year ago period.

Oil India Dividend History, Yield

Oil India is among high dividend paying companies. Oil India has a dividend yield of nearly 2.50 per cent.

According to BSE data, Oil India had paid its first interim dividend of FY2026 in November 2025. The company had then distributed Rs 3.50 as an interim dividend to its investors.

Before paying interim dividend in November, the company had paid dividend on two occasions in CY 2025 -- Rs 7 in February and Rs 1.50 in September. In CY 2024, Oil India had first an interim dividend of 8.50 in March and then issued bonus shares in the ratio of 1:2 in July. In August and November, the PSU paid Rs 2.50 and Rs 3 as dividend, respectively.

Oil India shares closed marginally lower at Rs 487.70 today.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)