Indian OilNSE:IOC +2.19%83 Dividend Yield % is 6.84% as of Jun. 25, 2026, which is 13% above its 10-year median of 6.08. GuruFocus rates NSE:IOC with a GF Score™ of 83/100 and a GF Value™ of ₹154.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 500 Oil & Gas companies, Indian Oil ranks better than 79% on this metric.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Indian Oil is 6.84%.
Good Sign:
Indian Oil Corp Ltd stock Dividend Yield % is close to 1-year high.
The historical rank and industry rank for Indian Oil's Dividend Yield % or its related term are showing as below:
NSE:IOC'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.24 Med: 6.08 Max: 15.25
Current: 6.84
During the past 13 years, the highest Dividend Yield of Indian Oil was 15.25%. The lowest was 0.24%. And the median was 6.08%.
NSE:IOC's Dividend Yield % is ranked better than 79% of 500
companies
in the Oil & Gas industry
Industry Median: 3.825
vs NSE:IOC: 6.84
During the past 12 months, Indian Oil's average Dividends Per Share Growth Rate was 42.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 60.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Indian Oil was 92.90% per year. The lowest was -26.00% per year. And the median was 3.35% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Indian Oil (NSE:IOC) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The historical data trend for Indian Oil's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:IOC vs VLO, MPC, PSX: Dividend Yield % Comparison
For the Oil & Gas Refining & Marketing subindustry, Indian Oil's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Indian Oil Dividend Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indian Oil's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Indian Oil's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Indian Oil Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 2.000000
2026-03-12
2026-03-12
2026-03-27
Cash Dividend
semi-annually
INR:INR 1.000000
INR 5.000000
2025-12-18
2025-12-18
2025-12-31
Cash Dividend
semi-annually
INR:INR 1.000000
INR 3.000000
2025-08-08
2025-08-08
2025-09-15
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Indian Oil's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
10
/
146.30
=
6.84 %
Current Share Price is ₹146.30. Indian Oil's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹10.
Indian Oil's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
4
/
146.30
=
2.73 %
Current Share Price is ₹146.30. Indian Oil's Dividends per Share for the forward twelve months is calculated as ₹2 * 2 = ₹4.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Indian Oil (NSE:IOC) has a Dividend Yield % of 6.84% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Indian Oil and its competitors. This is 13% above median its historical median of 6.08. Over the past decade, Indian Oil's Dividend Yield % has ranged from 0.24 to 15.25. According to the industry distribution chart, Indian Oil ranks #105 out of 500 companies in the Oil & Gas industry, placing it in the top 21%.
Is Indian Oil's Dividend Yield % too high?
Indian Oil's current Dividend Yield % of 6.84% is 13% above median its 10-year median of 6.08. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 15.25. The Oil & Gas industry median Dividend Yield % is 3.83. Indian Oil's value of 6.84% is 78.8% above this industry median. Based on the distribution chart, Indian Oil ranks #105 out of 500 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Oil has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's Dividend Yield % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Indian Oil ranks #105 out of 500 companies for Dividend Yield %. This places Indian Oil in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 3.83. Indian Oil's value of 6.84% is 78.8% above this benchmark. Historically, Indian Oil's own Dividend Yield % has ranged from 0.24 to 15.25 over the past decade. While the company's 10-year median is 6.08 vs. the industry median of 3.83, Indian Oil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Oil & Gas company?
The median Dividend Yield % among Oil & Gas companies is 3.83, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Oil's current Dividend Yield % of 6.84% is 78.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Indian Oil and its competitors. For the Oil & Gas industry, the median Dividend Yield % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Oil's current Dividend Yield % is 6.84%, which is 13% above median its own 10-year median of 6.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Oil stock overvalued right now?
Based on GuruFocus' analysis, Indian Oil (NSE:IOC) is currently considered Fairly Valued. The stock's GF Value™ is ₹154.47, compared to a current price of ₹146.30 — trading 5.3% below its estimated fair value. The current Dividend Yield % is 6.84%, which is 13% above median its 10-year median of 6.08 and 78.8% above the Oil & Gas industry median of 3.83. Indian Oil's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Indian Oil (NSE:IOC), the current Dividend Yield % is 6.84% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Indian Oil (NSE:IOC) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Oil stock appears to be undervalued.
The current stock price of ₹146.30 is trading 5.3% below its estimated GF Value™ of ₹154.47.
GuruFocus considers Indian Oil to be Fairly Valued.
Key valuation signals for NSE:IOC:
Dividend Yield %: 6.84% (13% above median its 10-year median of 6.08)
GF Value™: ₹154.47 vs. price of ₹146.30 (5.3% below fair value)
Industry Position: 78.8% above the Oil & Gas median (#105 of 500)
No single metric tells the full story. See the NSE:IOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Oil Corp Ltd conducts business across the entire hydrocarbon value chain, from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and globalisation of downstream operations. The group is engaged in the following business segments: Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and the Other operating segment, which includes oil and gas exploration activities, explosives and cryogenic business, and windmill and solar power generation. The majority of its revenue is generated from the sale of petroleum products such as motor spirit, high speed diesel, liquified petroleum gas, aviation turbine fuel, and others. Geographically, it derives key revenue from India.
83GF Score
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