BHEL pays 98 cr dividend in FY16

Bharat Heavy Electricals Limited (BHEL) has paid a final equity dividend of 20 per cent for the fiscal 2015-16. In value terms, the total dividend paid for fiscal 2015-16 amounts to Rs 98 crore. With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly since 1976-77. A cheque of Rs 61.7 Crore towards the final dividend for the year 2015-16 on the equity (63.06 per cent) held by the Government of India, was presented to Anant G Geete, Union Minister of Heavy Industries and Public Enterprises by Atul Sobti, Chairman and Managing Director, BHEL, in the presence of Babul Supriyo, Minister of State for Heavy Industries and Public Enterprises. more at: http://www.thehansindia.com/posts/index/Business/2016-10-06/BHEL-pays-98-cr-dividend-in-FY16/257362