This BSE 500 Lubricant Manufacturer Declared Dividend: Do You Own?

A BSE 500 company has announced an impressive dividend payout for its shareholders. The company will distribute a dividend of ₹9.50, or 190%, on each stock with a face value of ₹5.

The company in question is Castrol India Limited, which operates in the lubricants industry In a filing with the exchange, Castrol India confirmed that its board had recommended a final dividend payout of 190%, or ₹9.50 per share, based on a face value of ₹5 per share. This amount includes a special dividend of ₹4.50.

Castrol India Dividend Record Date

The company has also set the record date, ex-date, and dividend payment date. According to the BSE website, the dividend record date is March 18, 2025. To receive the ₹9.50 dividend, shareholders must hold Castrol India shares in their demat accounts by that date. “The record date has been set for Tuesday, March 18, 2025, to determine shareholders’ eligibility for the final dividend for the financial year ended December 31, 2024.”

Castrol India Dividend Ex-Date

Castrol India shares will trade ex-dividend for the 190% payout on March 18, 2025, according to the BSE website. The dividend, if approved by shareholders, will be paid by April 23, 2025. The 47th Annual General Meeting of Castrol India is scheduled for Tuesday, March 25, 2025.

Castrol India Dividend History

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