BPCL shares to trade ex-date on December 12 after the announcement of an interim dividend for the financial year ending March 2024. On November 29, BPCL declared an interim dividend of Rs 21 per share, representing a 210% payout based on the face value of Rs 10 per share.
The record date, determining eligible shareholders for the announced dividend, is crucial and is set for December 12.
The dividend payout process is scheduled to be completed by or before December 28, 2023, as stated in the regulatory filing by Bharat Petroleum Corporation.
The Board of Directors meeting, where the dividend announcement was made, took place from 10:00 am to 11:05 am at BPCL’s Mumbai headquarters.
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