Alert For Oil & Gas Stock Watchers! Petronet LNG Sets Record Date For Upcoming Dividend; Buy Today?

A significant energy corporation in India, Petronet LNG Limited focuses on the import, storage, and regasification of liquefied natural gas (LNG). In Dahej, Gujarat, and Kochi, Kerala, Petronet runs the first and largest LNG receiving and regasification plants in India. In the Indian energy industry, Petronet LNG Limited is a prominent and rapidly expanding corporation.

Petronet LNG Dividend Record Date

"Pursuant to the Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Record date has been fixed as Friday, 4th July 2025 for the purpose of ascertaining the entitlement of Members to the final Dividend of Rs. 3.00 (Three Rupees only) per share (on the face value of Rs. 10/- each) on the equity shares of the Company for the financial year 2024-25 recommended by the Board of Directors of the Company in their meeting held on 19th May, 2025. If the final dividend, as recommended by the Board of Directors, is approved at the ensuing Annual General Meeting, payment of such dividend, subject to deduction of tax at source, shall be made within 30 days from the date of approval by the shareholders in the ensuing Annual General Meeting," said Petronet LNG in a stock exchange filing.

Petronet LNG Dividend Yield & History

With a recent interim dividend of Rs 7 per share issued on November 8, 2024, and a final dividend of Rs 3 on July 12, 2024, Petronet LNG has shown a steady dividend track record over the last ten years, totaling Rs 10 for FY 2023-24 according to Indmoney. With significant jumps, such as Rs 7 interim in November and a Rs 3 final in mid-year, the corporation has historically gone between interim and final distributions, demonstrating its flexible dividend policy.

According to digrin.com, Petronet LNG now offers a trailing dividend yield of around 3.3-3.4%, with yields of 3.25%, 3.34%, and 3.38%. According to digrin.com, several platforms have somewhat higher forward yields depending on upcoming distributions, ranging from 4.65 to 4.72%.

Petronet's yield is robust in comparison to the oil and gas sector as a whole. At almost 1.8%, the sector's average dividend yield puts Petronet considerably above its competitors and comfortably in the top quartile of dividend-paying Indian energy companies. Its above-average payout ratio (about 37-38%), which is cautiously supported by cash flow and earnings, further highlights this performance, according to Simply Wall.st.

Petronet LNG Share Price Target

"Petronet LNG. This one is an underperforming stock. The price action is choppy as it trades in range. We do not expect a strong momentum anytime soon. Momentum traders should avoid this counter," said Manish Shah, a SEBI registered Investment Advisor with registration no. INA000016180.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.