Saturday, October 24, 2026

Dividend Stock: Navratna PSU announces its highest payout in three years; details here

Date:

Bharat Electronics Ltd., the Navratna PSU company, announced on Wednesday, March 5, that its board has approved an interim dividend of ₹1.5 per equity share of face value of ₹1 each for financial year 2025.This is the highest payout by the state-run defence company since August 2022, when it had also announced a final dividend of ₹1.5 per share.
No record date has been announced for the said interim dividend yet, but the company mentioned that the dividend will be paid to shareholders within 30 days from the date of declaration.
The last six instances of Bharat Electronics announcing dividends have all been less than ₹1 per share.

Date Dividend Per Share (₹)
March 2025 1.5
August 2024 0.8
March 2024 0.7
February 2024 0.7
August 2023 0.6
March 2023 0.6
February 2023 0.6

Between 2019 and 2022, Bharat Electronics announced dividends on nine instances, which ranged between ₹1 per share to ₹2 per share, with the ₹1.7 per share announced in August 2019 being the highest.Bharat Electronics had issued bonus shares in the ratio of 2:1 back in September 2022, meaning shareholders had received two free shares for every one share held.

Shares of Bharat Electronics have surged to the highest point of the day post the dividend announcement, currently trading 2.7% higher at ₹272. The stock still trades over 15% below its recent peak of ₹340.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

RBI Bulletin says Indian economy remains resilient but global risks are rising

India’s economy remains resilient despite a worsening global backdrop,...

12 years of Make in India: What worked, what’s unfinished and what comes next

India has made visible gains in manufacturing over the...

Why India did not sign an FTA with China, according to Piyush Goyal

India had signed trade agreements with economies such as...

EU regulations could push up costs and hurt European businesses, Piyush Goyal says

Commerce and Industry Minister Piyush Goyal has warned that...