BHEL dividend 2024 : Maharatna company BHEL, which returned 200 percent in one year, declared the final dividend.

BHEL Dividend 2024 Record Date: Government company BHEL has announced the record date for the purpose of determining the shareholders eligible for the final dividend. The company announced the record date through an exchange filing.

According to reports, the project involves the supply of equipment such as boilers, turbines, generators and related accessories. This will also include supply of electrical and control and instrumentation systems and rest of the plant package. BHEL has also been entrusted with the necessary construction, commissioning and civil works for the power station.

BHEL Dividend Record Date

According to Maharatna PSU's filing, the board has fixed August 9 as the record date. It is to be noted that the company earlier Rs. 10 per share of face value of 12.5 per cent was recommended.The “record date” for the purpose of determining the eligibility of members to receive the dividend is Friday, August 9, 2024.

BHEL Dividend History

According to the BSE website, BHEL paid a dividend of Rs 0.40 per annum to its investors in 2023 and 2022. Before that, PSUs in 2019 had Rs. A dividend of 2 was paid.

BHEL share price history

As per the July 29 analysis, BHEL shares have given a positive return of 45 per cent in the last 6 months and 62 per cent so far in 2024. The stock has jumped more than 200 percent in a year. In two years its shares have enriched investors by almost 500 percent. The company has a market cap of Rs. 1,11,948.34 crores.

Increase in company shares

Shares of the company jumped more than two percent before the information was given to the stock market. Shares of the company on BSE rose 2.28 percent during the trading session to Rs. 318.05 was the day's high. After the market closed, the company's shares rose nearly two percent to Rs. was seen at 317.25. However, the company's share is Rs. opened at 313.85. However, the company's market cap is Rs. 1,10,468.46 crores.

3 times increase in 11 months

On July 9, the company's share was Rs. It hit a 52-week high of 335.40. The company's stock has seen a 60 percent increase in the current year. The company has returned 6.75 percent to investors in one month. While an increase of 6.85 percent has been seen in one week.