BEL pays Rs 36.41 crore interim dividend to Govt

The company had paid 208% dividend in 2011-12

Bangalore-based defence PSU Bharat Electronics Limited (BEL) has declared 60% interim dividend (Rs 6 per share) to its shareholders for 2012-13. BEL presented the interim dividend cheque, payable to the government, for Rs 36.41 crore to the Defence Minister, A K Antony, at New Delhi on Wednesday.

This is the ninth consecutive year that BEL is paying interim dividend. The company paid 208% dividend in 2011-12 (100% interim dividend in February, 2012 and 108% final dividend in October 2012).