RVNL, IRCON to ONGC Shares: 5 Major Companies Declare Dividends With Q4 Results

Several prominent listed firms, including RVNL, IRCON, ONGC, InterGlobe Aviation, and NALCO, have declared dividends in conjunction with their Q4 results, providing shareholders a reason to cheer. Here's a breakdown of the key updates that are making headlines.

Market Performance Update

As markets gear up for dividend season, investors closely watch stocks like RVNL, IRCON, and ONGC, which have announced dividend payouts after their Q4 earnings. These announcements are key financial signals and are often closely tracked to assess shareholder returns.

Key Dividend Announcements in Q4

1. Rail Vikas Nigam Limited (RVNL)

• Dividend Announced: ₹1.72 per share
• Dividend Percentage: 17.20% of face value ₹10
• Status: Subject to shareholder approval at the AGM
• Payout Timeline: Within 30 days post-AGM approval

2. IRCON International Ltd

• Dividend Announced: ₹1.00 per share
• Dividend Percentage: 50% of the paid-up equity capital (face value ₹2)
• Status: Awaiting shareholder nod at the upcoming AGM
• Payout Timeline: To be disbursed within 30 days after AGM clearance

3. Oil and Natural Gas Corporation Ltd

• Final Dividend Announced: ₹1.25 per share
• Interim Dividends Already Paid:
  • ₹6.00 per share on November 11, 2024
  • ₹5.00 per share on January 31, 2025
• Total Dividend for FY'25: ₹12.25 per share (245% of face value)
• Total Payout: ₹15,411 Crore – ONGC's highest-ever dividend payout
• Status: Subject to shareholder approval at the AGM
• Payout Timeline: Within 30 days after the AGM

4. InterGlobe Aviation Ltd (IndiGo)

• Dividend Announced: ₹10.00 per share
• Dividend Percentage: 100% of face value ₹10
• Status: Subject to shareholder approval at the AGM
• Payout Timeline: To be completed within 30 days post AGM decision

5. National Aluminium Company Ltd (NALCO)

• Dividend Announced: ₹10.00 per share
• Dividend Percentage: 100% of face value ₹10
• Status: Requires shareholder approval during the AGM
• Payout Timeline: Within 30 days from AGM approval

Summary

With each of these five companies committing to dividend payments post-AGM, the developments stand as key updates in the corporate earnings calendar.

Stay tuned as these companies progress their AGM cycles and complete their respective dividend disbursements in the coming weeks.