BEML declares interim dividend of Rs5 per equity share; stock trades flat

22 Mar 2022 , 01:38 PM

Bharat Earth Movers Limited (BEML) informed the investors and exchanges that the Board of Directors of the Company in its meeting held on March 22, 2022, inter-alia, has declared an interim dividend of Rs5 per equity share of Rs10 each (i.e. 50% of paid-up share capital) for the financial year 2021-22.

In this connection, the Company had fixed the Record date as 30.03.2022 for payment of said interim dividend to the eligible equity shareholders as intimated in its letter.

BEML is a heavy equipment manufacturing Public Sector Undertaking (PSU), headquartered in Bengaluru, Karnataka, India. The company engages in the manufacturing of equipment that are used for earthmoving, transport, mining, etc.

BEML’s stock is currently trading at Rs1,552.85 up by Rs0.8 or 0.05% from its previous closing of Rs1,552.05 on the BSE. Its scrip has touched today’s high and low of Rs1,567.20 and Rs1,545 respectively.