Speed Post News Network

New Delhi : Navratna Defence Public Sector Undertaking (DPSU) Bharat Electronics Ltd (BEL) has  paid interim dividend of 140 per cent on its paid-up capital to the Government for financial year (FY) 2020-21.

Chairman & Managing Director of BEL M  V Gowtama presented the Interim Dividend cheque of Rs 174,43,63,569.20 payable on the shares held by the President of India, to Defence Minister Rajnath Singh in New Delhi on March 8, 2021. The BEL has declared 140 per cent as interim dividend (Rs 1.40/- per share) to its shareholders for the FY 2020-21, according to a PIB release.

This is the 18th consecutive year that BEL is paying interim dividend. It had paid a total dividend of 280 per cent on its paid-up capital for the FY 2019-20.