Page 2 - Interim Dividend

Power Finance Corp pays interim dividend of Rs 1,182.63 cr to govt for FY21

State-run Power Finance Corporation (PFC) has paid an interim dividend of Rs 1,182.63 crore to the government for financial year 2020-21

Shriram Transport declares second dividend of Rs 6 per share for FY21

The company has also elevated Umesh Revankar as the Vice Chairman and Managing Director with effect from April 1, 2021

NHPC pays Rs 891 cr to govt as interim dividend for financial year 2020-21

State-owned hydropower giant NHPC on Friday said it has paid Rs 890.85 crore as an interim dividend to the Centre for the financial year ending March 31, 2021. NHPC Chairman and Managing Director A K Singh handed over dividend payout advice to Minister of State for Power and New & Renewable Energy R K Singh in the presence of Power Secretary Alok Kumar and other senior officials of the ministry and NHPC, the company said in a statement. "NHPC has paid an interim dividend of Rs 890.85 crore to Government of India for the financial year 2020-21 on March 5, 2021," it said. The company further said it has recorded a net profit of Rs 2,829.16 crore for the nine months ended December 2020, against the previous period corresponding figure of Rs 2,624.26 crore. The company had earned a net profit of Rs. 3,007.17 crore for the financial year 2019-20.

HAL pays second interim dividend of Rs 376 cr for FY21 to government

The central government on Wednesday received the second interim dividend cheque of Rs 376.94 crores for the financial year 2020-21 from the Hindustan Aeronautics Limited (HAL)

ICICI Lombard board approves Rs 4/share interim dividend for FY21

ICICI Lombard General Insurance has approved an interim dividend of Rs 4 per share for the current fiscal in the midst of a pandemic year

Coal India board approves second interim dividend of Rs 5 per share

The date of payment of interim dividend is on and from March 24

Special dividend, strong Q3 results drive Polyplex shares 17% higher

The board of directors declared payment of a third interim dividend (special) for the financial year 2020-21 at Rs 100 per share

GAIL gains 4%, hits 52-week high as board set to mull buyback on Jan 15

The government, which holds 52.1 per cent of GAIL, is likely to participate in the GAIL buyback

Alkyl Amines Chemicals advances 7% on stock split, expansion plan

The company plans to go for a stock split to make shares more affordable for small retail investors and increase liquidity

Majesco declares interim dividend of Rs 974 per share after sale of US arm

Majesco has also launched a Rs 631-crore share buyback programme

Days after failed delisting, Vedanta board okays interim dividend for FY21

The board of Vedanta Ltd on Saturday approved the first interim dividend of Rs 9.50 per equity share for the current fiscal amounting to Rs 3,500 crore

Govt seeks Rs 10,000-cr interim dividend from RBI to fix fiscal gap

This is 3rd consecutive year when the Centre has made the demand

RBI may discuss interim dividend issue in board meet amid revenue shortfall

If the RBI board agrees to interim dividend based on their six-month performance, it would provide some financial relief to the government, sources added.

Govt may seek Rs 30,000 crore interim dividend from RBI, says report

Last fiscal, the RBI paid Rs 28,000 crore as interim dividend

After nearly 8 decades, RBI to change its accounting year to April-March

The RBI, which currently follows July-June calendar, usually transfers dividend after closing its accounts in August

RBI to consider early Rs 28,000 crore interim dividend to government

Payout from the central bank will help partly bridge the government's budget gap in the year ending March after it missed tax collection and asset sale targets

Govt expects Rs 28,000 cr interim dividend from RBI: DEA Secretary S C Garg

When asked how much interim dividend the government expects from the RBI, DEA Secy Garg said, 'Rs 28,000 crore'

New risk emerging from high dividend payouts

The proposed 10% tax on dividends of over Rs 10 lakh per annum will be kicking in from April 1 and hence, there has been a frantic race through March to declare large interim dividends

Over hundred stocks trade ex-dividend

RIL, HPCL, Biocon, Cadila Healthcare, TVS Motor, CESC, Shree Cement, Torrent Power & Marico went ex-dividend today.

47 companies' board meet to declare interim dividend today

Reliance Ind, Hero MotoCorp, Shree Cement and Torrent Power board will meet today to consider interim dividend on equity shares of the company for FY16