BHEL pays 40% interim dividend for fiscal 2016-17

The company has paid dividends uninterruptedly for four decades without a break.

GN Bureau | March 9, 2017


#dividend   #PSU   #BHEL  
 
Bharat Heavy Electricals Limited (BHEL) has paid an interim dividend of 40% for fiscal 2016-17. In value terms, the dividend paid amounts to Rs 194.8 crore.
 
With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly for four decades without a break.
 
A cheque of Rs 123.47 crore towards the interim dividend for the year 2016-17 on the equity (63.06%) held by the government of India, was presented to. Anant G Geete, union minister of heavy industries and public enterprises by Atul Sobti, chairman and managing director, BHEL.
 

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