For FY 2017-18National Aluminium Company has declared an interim dividend of 94%, i.e. Rs4.70 per share of Rs.5/- each, amounting to Rs. 908.48 crore for the financial year 2017-18, on the paid-up equity share capital of Rs.966.46 crore. This is the highest-ever dividend declared by the company since inception. The company has presented a cheque, amounting to Rs.546.95 crore as interim dividend to Government of India. It may be mentioned that since inception, NALCO has paid a total of Rs.7273.59 crore as dividend including Rs.5918.39 crore as share of Govt. of India.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)