BPCL Dividend of Rs 21 per Share for FY24
This interim dividend translates to a 210% payout on the face value of Rs. 10 per share.
![BPCL Dividend of Rs 21 per Share for FY24](https://www.psuconnect.in/sdsdsd/BPCL_Announces_heavy_Interim_Dividend_of_Rs_21.jpg)
New Delhi: India's one of the finest oil firm, Bharat Petroleum Corporation Limited (BPCL) declared an interim dividend of Rs. 21 per equity share for the financial year 2023-24 (FY24) during a meeting of its Board of Directors held on November 29, 2023.
This interim dividend translates to a 210% payout on the face value of Rs. 10 per share. The record date for determining the eligibility of shareholders for the interim dividend will be fixed later.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshThe announcement of this hefty interim dividend is a positive indication of BPCL's financial performance in the current financial year. The company's strong financial position is likely to support its growth plans and investment initiatives.
Shareholders will eagerly await the announcement of the final dividend for FY24, the above dividend would be paid or the warrant in respect thereof would be posted on or before 28th December 2023.
Read Also : State Coal Minister inaugurates new solar plant at CCL’s Piparwar AreaNews Must Read
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL
- DVC bags Champions Trophy for Corporate Sustainability at XLRI, Jamshedpur
- Minister Pralhad Joshi Visits IREDA Office, Reviews Company’s Strategic Growth Plan
- HAL Selects SAFHAL Helicopter Engines to Develop and Produce ‘Aravalli’ Engines