BHEL pays 40pc interim dividend for FY'19

Image
Press Trust of India New Delhi
Last Updated : Feb 27 2019 | 3:45 PM IST

State-run engineering firm BHEL Wednesday said it has paid an interim dividend of 40 per cent for financial year 2018-19.

This is the highest dividend paid by BHEL in a single year, in the last five years, the company said in a statement.

"In value terms, this dividend amounts to Rs 279 crore," it said.

The company said a cheque of Rs 176 crore towards the interim dividend for 2018-19 on the equity (63.17 per cent) held by the Government, was presented here to heavy industries minister Anant G Geete by BHEL Chairman and Managing Director Atul Sobti.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 27 2019 | 3:45 PM IST

Next Story