State-owned oil companies IOC, BPCL and HPCL today declared interim dividends for 2016-17 fiscal.
The Board of Indian Oil Corp (IOC) declared second interim dividend of Rs 4.50 per share or 45 per cent of equity share capital.
In a stock exchange filing, the company said March 27 will be the record date for payment of dividend.
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"The interim dividend is proposed to be paid on or before March 31, 2017," a company stock exchange filing said.
Bharat Petroleum Corp Ltd (BPCL) announced second special interim of Rs 12 per equity share. This represents 120 per cent of paid-up equity share capital, the company said in a stock exchange filing.
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