'Tide Water Oil paid highest dividend in FY16'
Tide Water Oil, the maker of engine oil Veedol, has paid the highest dividend to shareholders in India during the last fiscal at ₹237.5 per share, according to data compiled by market data tracker Capitaline. State-owned Power Finance Corporation was second in the list at ₹139 per share followed by Oracle Financial Services (₹100) and garment manufacturer Page Industries (₹85).