Hindustan Petroleum Corporation Limited (HPCL) on Wednesday announced a final dividend of Rs 19.25 per share for its shareholders, marking the highest dividend announced by the oil marketing company in around five years.
Along with Q4 results, HPCL’s board recommended the final dividend of Rs 19.25 per share on a face value of Rs 10 each for the financial year 2026, subject to shareholders’ approval at its upcoming Annual General Meeting (AGM). The record date to determine the eligibility of shareholders set to receive the dividend has been fixed on August 14.
Once approved, the dividend will be paid to the eligible shareholders within 30 days from the declaration at the upcoming AGM, the company said
HPCL dividend history
This comes after the company last year paid an interim dividend of Rs 5 per equity share in November, taking the total dividend payout to Rs 24.25 per share for the financial year 2026. The company so far has declared 37 dividends since July 27, 2000 and has a dividend yield of more than 4%, according to data on Trentlyne.
The latest dividend is notably the highest announced by HPCL since July 2021, when it paid a dividend of Rs 22.75 per share to its eligible shareholders. In June 2024, the company also rewarded its shareholders with a 1:2 bonus issue.
HPCL share price
HPCL shares rose around 4% to Rs 384 after the results and dividend announcement. The stock is down about 4% over the past week but has gained nearly 10% in a month. Despite this rebound, it remains 23% lower in 2026 as soaring crude prices—driven by the Iran–US conflict and the closure of the Strait of Hormuz—have weighed on sentiment.
In the longer term, the shares of the company have gained 121% in three years and 120% in five years. HPCL currently has a market capitalisation of more than Rs 81,676 crore.
Also read: HPCL Q4 Results: Net profit jumps 46% YoY to Rs 4,902 crore; Rs 19.25/sh dividend declared
HPCL Q4 earnings
Hindustan Petroleum Corporation Limited (HPCL) on Wednesday reported a standalone net profit of Rs 4,902 crore for the fourth quarter of FY26, marking a 46% rise from the Rs 3,355 crore in the year-ago period. The oil marketing company’s standalone total income rose 4.5% year-on-year (YoY) to Rs 1.24 lakh crore in the January-March quarter of FY26, from Rs 1.19 lakh crore in the corresponding quarter of the previous financial year.
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