ONGC declares second interim dividend of Rs 2.25 per share at 45%

State-owned Oil and Natural Gas Corp (ONGC) on Thursday declared a second interim dividend of Rs 2.25 per share for the 2017-18 financial year.

The Board of the company at its meeting today approved payment of 45 per cent, i.e. Rs 2.25 on each equity share of Rs 5 as second interim dividend, the company said in a statement.

The total payout on this account will be Rs 28.87 billion.

The Record date for distribution of dividend has been fixed for March 14.

The first interim dividend of 60 per cent (Rs 3 on each equity share of Rs 5) was paid by the company in November, 2017.