BEL Dividend 2024 Date, BEL Dividend 2024 News, BEL Dividend History, Yield, BEL Dividend 2024 Record Date: Bharat Electronics Limited (BEL) has informed the exchanges about the company’s plan to distribute dividends to its shareholders for the financial year 2023-24. The company has fixed the date for the declaration of dividend. The board of the company is likely to meet in the last week of January to approve the monetary reward for its shareholders.
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BEL Dividend 2024 Announcement
A Meeting of the Board of Directors of the company is likely to be held on Monday, 29th January to consider and approve the quarterly results ended 31st December, 2023. It will also declare the interim dividend for the financial year 2023-24.
The company in a regulatory filing, said “a meeting of the Board of Directors of the Company is scheduled to be held on Monday, the 29th January, 2024 to consider and approve, inter alia, Unaudited Standalone & Consolidated Financial Results for the quarter and nine months ended 31st December, 2023 and to consider declaration of interim dividend for the financial year 2023-24, if any.”
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BEL Dividend 2024 Record Date
The company has not fixed the record date for the payment of interim dividend. The company is likely to fix the record and the payment date on 29th January.
BEL Dividend Yield
The company has had a dividend yield of 0.95 per cent in the last 12 months, as per its current market price.
BEL Dividend History
BEL announced dividends on three occasion in 2023, totalling to Rs 1.8. Prior to that in 2022, the company distributed dividends thrice amounting to a total of Rs 4.5
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BEL Share Price History NSE BSE
The counter settled in green in Thursday’s trading session to quote at Rs 189 a share on the NSE, up by 1.80 per cent. In volume terms, 18.79 lakh shares of the company were traded on the BSE generating a total turnover of Rs 34.79 crore. The company has a market cap of Rs 1,37,606.59 crore, as per BSE website. The shares of the company have a PE of 41.04x. The counter has delivered multibagger returns of 323.13 per cent in the last three years, making investors richer with massive gains.
