Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Markets / Stock Markets/  BEML declares interim dividend, fixes record date
BackBack

BEML declares interim dividend, fixes record date

The company has fixed the record date next week on Wednesday, March 30, 2022, for payment of said interim dividend to the eligible equity shareholders

BEML shares are up over 11% in a year's periodPremium
BEML shares are up over 11% in a year's period

BEML Limited on Tuesday announced that its board of directors of the company in its meeting held on March 22, 2022, inter-alia, has declared interim dividend of 5/- per equity share of 10/- each (i.e. 50% of paid up share capital) for the financial year 2021-22.

In this connection, the company has fixed the record date next week on Wednesday, March 30, 2022, for payment of said interim dividend to the eligible equity shareholders as intimated vide letter referred above.

Shares of BEML have surged over 11% in a year's period. The stock has declined over 5% in 2022 (year-to-date or YTD) so far. BEML, a Defence PSU Company, is a leading defence, mining & construction and rail coach manufacturer in India. BEML's consolidated net profit soared 183.7% year-on-year (YoY) to 78 crore whereas its net sales jumped 56% in net sales to 1,133 crore in the third quarter of the current fiscal. 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 22 Mar 2022, 01:16 PM IST
Next Story footLogo
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie