State-owned Oil India (OIL) today said it has paid an interim dividend of 180 per cent (Rs 18 per share) for the 2009-10 financial year.

Last year, the company paid a total dividend of 305 per cent for 2008-09, OIL said in a press statement here.

BSE  |  NSE Price

Also Read   Related Stories News Now - 124 companies declare Rs 12,213 cr payout last quarter - No proposal to takeover ONGC's Assam fields: OIL - OIL willing to take over ONGC's Assam oilfields - Oil India willing to take over ONGC's Assam oilfields - IOC fears Rs 12,000-cr loss in '09-10 - Oil India net profit up 23%

Also Read   Related Stories News Now - Markets open sharply lower amid weak global cues - Bandh hits normal life in Karnataka - Fresenius Kabi Oncology tanks 20% as hope of delisting dims - Rupee touches new low at Rs 56.5 vs dollar - DLF dips on weak Q4 earnings More

Government of India holds 78.43 per cent stake in OIL.

OIL paid a total dividend of Rs 640.50 crore to the government for the year 2008-09.

The company is currently producing around 3.60 million tonnes a year of crude oil and 7 million standard cubic meters per day of gas from the fields it operates.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets open sharply lower amid weak global cues - Bandh hits normal life in Karnataka - Fresenius Kabi Oncology tanks 20% as hope of delisting dims - Rupee touches new low at Rs 56.5 vs dollar - DLF dips on weak Q4 earnings

Tags : Oil India | interim dividend   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -   -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here