ONGC pays second interim dividend of 45 %

The Record date for distribution of dividend has been fixed for March 14, 2018

The payment of interim dividend to shareholders will start from March 15

The total payout on
this account will be
Rs 2,887 crore

Thesynergyonline Corporate Bureau

NEW DELHI, MARCH 01 : The board of Oil and Natural Gas Corporation (ONGC) at its 304th meeting held on March 01, 2018 has approved 2nd interim dividend of 45 per cent, i.e. Rs. 2.25 on each equity share of Rs. 5.

The total payout on this account will be Rs. 2,887 crore.

The record date for distribution of dividend has been fixed for March 14, 2018 which has been intimated to the stock exchanges. The payment of interim dividend to the shareholders shall start from March 15, 2018.

The first interim dividend of 60 per cent (Rs 3 on each equity share of Rs.5) was paid by the company in November, 2017.