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The payment is based on an agreement signed in 2016 by PDVSA and ONGC Videsh, the overseas investment arm of India's Oil and Natural Gas Corp <ONGC.NS>, to repatriate about $530 million in ...
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ONGC is the top employer in the energy sector in India, in the Randstad Awards 2013. [49] ONGC was one of 12 winners of the 'Golden Peacock Award 2014' for its corporate social responsibility practices, [50] and one of 24 winners of the 'Golden Peacock Award 2013' in the occupational safety and health category. [51]
A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock. The law may regulate the size of the common stock dividend particularly when the payout is a cash distribution tantamount to a liquidation.
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
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It is relatively common for a share's price to decrease on the ex-dividend date by an amount roughly equal to the dividend being paid, which reflects the decrease in the company's assets resulting from the payment of the dividend. Book closure date – when a company announces a dividend, it will also announce the date on which the company will ...
The latter included corporate bodies (20%), ONGC (14%), LIC (6%), Foreign portfolio investors (6%), [35] Oil India Limited (5%) and Indian Mutual funds (4%). [36] This was similar to its shareholding in 2017. As of 31 December 2017, the Promoters Government of India held approx. 56.98% of the shares in Indian Oil Corporation. The public held ...