Summary:
Bengaluru: State-run Bharat Electronics Ltd (BEL) on Friday said it has paid the government Rs 262 crore interim dividend for fiscal 2017-18. The city-based listed firm declared 160 per cent interim dividend or Rs 1.60 per share of Rs 10 face value to all its shareholders for this fiscal. “This is the 14th consecutive year we have paid interim dividend. Gowtama presented a cheque bearing the interim dividend amount to Defence Minister Nirmala Sitharaman in New Delhi on Thursday,” said the company in a statement here. The total dividend paid to investors, including the government on its paid-up capital was 225 per cent for the previous fiscal (2016-17),” BEL said..