BEML Dividend: Declares ₹15 Interim Dividend, Record Date Set for May 15
In a notable development for its shareholders, BEML Limited has announced a second interim dividend of ₹15 per equity share for the financial year 2024-25. The decision was taken during the company’s 411th Board of Directors meeting held earlier today.
The declared BEML dividend, which amounts to 150% of the face value of ₹10 per share, underscores the company’s commitment to delivering consistent value to its investors. BEML’s board has also confirmed that the record date to determine eligible shareholders for this BEML dividend payout is set for May 15, 2025.
This move reflects the company’s strong financial position and positive outlook in its operational performance for the current fiscal year. Stakeholders and market participants are likely to view this as a sign of confidence in BEML’s ongoing growth trajectory.
The announcement has been formally communicated to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
For further updates, investors can refer to official communications through the company’s website or stock exchange portals.
Click Here To Know More Details About BEML Dividend
BEML Share Price
BEML Ltd. shares surged by 1.52% to ₹3,060 on the NSE, reflecting investor enthusiasm following the company’s interim dividend announcement. The stock opened at ₹2,915 and climbed to an intraday high of ₹3,071.90, marking a strong upward movement from the previous close of ₹3,014.
Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.