Thursday, October 10, 2013

Bharat Heavy Electricals Limited : BHEL pays 164.5% Final Dividend for fiscal 2012-13

BHEL pays 164.5% Final Dividend for fiscal 2012-13 BHEL has paid a final dividend of 164.5% on the enhanced equity capital post-bonus, for fiscal 2012-13. In value terms, the total dividend paid amounts to Rs.13,230 Million (including an interim dividend of 106% paid earlier). With this, the company has maintained its impeccable track record of earning profits and rewarding investors by paying dividends uninterruptedly for over three decades without a break. A cheque of Rs.5453.3 Million towards the final dividend for the year 2012-13 on the equity (67.72%) held by the Government of India, was presented here today to Mr. Praful Patel, Hon'ble Union Minister for Heavy Industries and Public Enterprises by Mr. B.P. Rao, Chairman and Managing Director, BHEL, in the presence of Dr. Sutanu Behuria, Secretary, Department of Heavy Industry. ref: http://www.4-traders.com/BHARAT-HEAVY-ELECTRICALS-9743934/news/Bharat-Heavy-Electricals-Limited--BHEL-pays-1645-Final-Dividend-for-fiscal-2012-13-17339753/

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