BPCL Declares Interim Dividend of Rs 16

BPCL Declares Interim Dividend of Rs 16

The Board of Directors of Bharat Petroleum Corporation Ltd (BPCL) at its meeting held on 8 February 2021, has declared Interim Dividend of Rs 16 per equity share.

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BPCL Quarterly Result

BPCL also reported Unaudited Financial Results For The Quarter Ended 31st December 2020 to NSE AND BSE. The state-owned company’s revenue from operations rose 1.6 per cent YoY to Rs 87,293 crore. On a standalone basis, the company’s net profit more than doubled to Rs 2,778 crore from Rs 1,261 crore in the year-ago quarter.

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BPCL Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 19 February 2021 as the Record date. The declared dividend will be paid on or before 8 March 2021.

To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Here is the copy of statement, the company has sent to the exchanges:

This is to inform you that at the Board Meeting held on 8th February, 2021, the Board of Directors has declared Interim Dividend of Rs 16/- per equity share of face value Rs 10/- each i.e. 160% on the paid-up equity share capital of the Company for the Financial Year 2020-21. Further, the Board of Directors have fixed Friday, 19th February 2021 as Record date to determine the eligibility of the shareholders to receive the said Interim Dividend

Important Dates

  • Company – Bharat Petroleum Corporation Ltd
  • Script Name – BPCL (NSE) and 500547 (BSE)
  • Dividend Amount – 16 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 17 February 2021
  • Record Date – 19 February 2021
  • Payment Date – 8 March 2021

You can find more information about Bharat Petroleum Corporation Ltd on National Stock Exchange and Moneycontrol – BPCL is an Indian company engaged in the business of refining of crude oil and marketing of petroleum products.

 

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