New Delhi: Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has paid an interim dividend of 150% on its paid-up capital to the Government of India (GoI) for the financial year 2021- 22.
Anandi Ramalingam, Chairman & Managing Director – Additional Charge, BEL, presented the interim dividend cheque of Rs. 186,89,60,967/- (Rupees One Hundred Eighty-six Crore Eighty-Nine Lacs Sixty Thousand Nine Hundred Sixty-seven only), payable on the shares held by the President of India, to the Defence Minister Rajnath Singh, in New Delhi on Monday, February 28.
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BEL has declared 150% as an interim dividend (Rs. 1.50/- per share) to its shareholders for the financial year 2021-22.
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This is the 19th consecutive year that BEL is paying an interim dividend. BEL has paid a total dividend of 400% on its paid-up capital for the financial year 2020-21.