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BEL declares dividend, sets March 11 as record date for PSU shareholders

BEL has fixed Tuesday, 11th March, 2025 as the record date for the purpose of payment of interim dividend on equity shares for the financial year 2024-25.

March 05, 2025 / 12:51 IST
BEL board declared an interim dividend for shareholders on March 5.
     
     
    26 Aug, 2025 12:21
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    Bharat Electronics Ltd. (BEL) board has announced to reward its shareholders with an interim dividend for the financial year 2024-25. The board of directors of the Navratna PSU at its meeting held on 5th March declared interim dividend of Rs 1.50 per share.

    The company has also fixed Tuesday, 11th March, 2025 as the record date for the purpose of payment of interim dividend on equity shares for the financial year 2024-25. In an exchange filing, it said "Board of Directors of the Company at its meeting held on 5th March, 2025, inter alia, has declared interim dividend of Rs 1.50/- per equity share of Re 1/- each fully paidup (150%) for the financial year 2024-25. The interim dividend will be paid within 30 days from the date of declaration."

    BEL Dividend History 

    PurposeRsEx-Date
    Final Dividend0.8014 Aug 2024
    Interim Dividend0.7022 Mar 2024
    Interim Dividend0.7009 Feb 2024
    Final Dividend0.6017 Aug 2023
    Interim Dividend0.6024 Mar 2023

    Earlier, on February 25 the company informed the exchanges that its board will meet on March 5 to consider an interim dividend for shareholders.

    The company last issued bonus shares in September 2022, offering two additional shares for everyone held (2:1). Before that, BEL also conducted buybacks in 2016 and 2018 and split its stock from Rs 10 to Rs 1 per share.

    Shares of Bharat Electronics Ltd jumped 2.67 percent to an intraday high of Rs 272.2 per share on the NSE. The stock has been gaining for the last three days and is up over 10 percent in the period.

    Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Mar 5, 2025 12:27 pm

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