News: The Oil and Natural Gas Corporation (ONGC), a big petroleum company owned by the government, has some news about giving money back to its shareholders for the year 2023-24. Let’s check out what’s happening with ONGC’s dividend and what it means for people who own its shares.
ONGC’s board has decided to give some money back to its shareholders. For every share you own in ONGC, you’ll get Rs 4 as a dividend. This is good news because it means they’re giving back a big part of their profits, about 80% of what they made this year. This is actually the second time they’re giving money back this year.
If you’re an ONGC shareholder and you want to get this dividend, there are a couple of dates you need to know:
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ONGC’s decision to give back money to its shareholders is a good sign. It shows they care about the people who own their stock. If you own ONGC shares, it’s important to pay attention to these updates so you can make smart decisions about your investments.
Question: Are all shareholders going to get the dividend?
Answer: Shareholders who meet the requirements will get the dividend. Check the record date to see if you qualify.
Question: When are the dividends going to be given out?
Answer: You can expect to receive the dividends by March 10th at the latest.
Question: How frequently does ONGC give out dividends?
Answer: ONGC regularly gives out interim and final dividends to its shareholders.
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