HPCL Dividend 2024 Record Date
The HPCL Dividend 2024 Record Date is August 9, 2024. On this day, the company determines who qualifies to receive dividends for the year 2024 based on their ownership of HPCL shares.
by S Samayanka
Updated May 15, 2024
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HPCL
HPCL is an Indian state-owned company in the petroleum and natural gas industry, based in Mumbai, and a branch of ONGC, which is controlled by the Indian government's Ministry of Petroleum and Natural Gas.
HPCL makes lots of different fuels and special products:
- Gas for cars.
- Diesel for vehicles.
- Oil for machines.
- Gas in tanks.
- Fuel for planes.
- Special oil.
HPCL Dividend 2024 Record Date
The Hindustan Petroleum Corporation Limited (HPCL) has announced the record date for its 2024 dividend as August 9, 2024. Hindustan Petroleum Corporation Ltd. announced a final dividend of Rs 16.50 per equity share for FY24.
Additionally, there was an interim dividend with a record date of February 7, 2024, and the payment for this was proposed to be completed on or before February 23, 2024.
This final dividend is in addition to the interim dividends of Rs 15.00 per share paid for the financial year 2023–24.
What is the Dividend History of HPCL?
The HPCL company has a strong history of paying dividends and has regularly announced dividends.
|
Announcement Date |
Ex-Date |
Dividend Type |
Dividend (Rs) |
|
25-01-2024 |
07-02-2024 |
Interim |
15.00 |
|
19-05-2022 |
22-08-2022 |
Final |
14.00 |
|
20-05-2021 |
08-07-2021 |
Final |
22.75 |
|
16-06-2020 |
02-07-2020 |
Final |
9.75 |
|
20-05-2019 |
06-06-2019 |
Final |
9.40 |
|
05-02-2019 |
14-02-2019 |
Interim |
6.50 |
|
22-05-2018 |
28-06-2018 |
Final |
2.50 |
|
09-02-2018 |
28-02-2018 |
Interim |
14.50 |
|
30-05-2017 |
11-07-2017 |
Final |
1.10 |
|
23-03-2017 |
24-03-2017 |
Interim |
6.40 |
|
14-02-2017 |
01-03-2017 |
Interim |
22.50 |
How Did HPCL Perform Financially in the Previous Year?
In the previous year, HPCL did really well financially. They made a lot of profit compared to the year before. They also earned more money from their operations during the year.
- HPCL has reported impressive financial results for FY 2023–24.
- The company achieved a record consolidated profit after tax (PAT) of Rs 16,015 crore, an improvement from the consolidated net loss of Rs 6,980 crore in the previous financial year.
- Standalone PAT for FY 2023–24 was also the highest ever at Rs 14,694 crore, compared to a standalone net loss of Rs 8,974 crore in the previous year.
- The quarterly performance for January-March 2024 reflects a PAT of Rs 2,843 crore, which is an increase of 437% from the preceding quarter.
- Revenue from operations for the quarter ending in January-March 2024 saw a 6.2% increase over a similar quarter in the previous year.
What is the Bonus Share Announced by HPCL for Shareholders?
HPCL's Board of Directors has approved a 1:2 bonus share arrangement for the shareholders.
- This means that shareholders will get extra shares for the ones they already have.
- For every two shares they have, they will get one more share for free.
- The record date for this bonus share is June 21, 2024.
- After this date, shareholders who qualify will receive the bonus shares.
- This will increase the total number of shares each shareholder has.
- It is a way for the company to reward its shareholders.
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HPCL Dividend 2024 Record Date - FAQs
1. When is HPCL's 2024 dividend record date?
HPCL's 2024 dividend record date is August 9, 2024.
2. What was HPCL's final dividend for FY24?
HPCL announced a final dividend of Rs 16.50 per equity share for FY24.
3. When is the record date for HPCL's bonus share?
The record date for HPCL's bonus share is June 21, 2024.
4. How did HPCL perform financially in the previous year?
HPCL performed well financially in FY 2023–24, reporting a record consolidated profit after tax of Rs 16,015 crore.
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