CALCULATE YOUR SIP RETURNS

This Defence PSU Considering Dividend Payment: Do You Own?

Written by: Sachin GuptaUpdated on: Feb 27, 2025, 8:31 AM IST
BEL is to convene a board meeting on March 5, 2025, to consider and declare the interim dividend for FY2024-2025.
This Defence PSU Considering Dividend Payment: Do You Own?
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On February 25, 2025, Bharat Electronics Ltd (BEL), the state-owned company through an exchange filing announced it has scheduled a board meeting on Wednesday, March 5, to consider an interim dividend for shareholders. BEL has not announced the record date for the said interim dividend.

BEL Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Aug 14, 2024 Final 0.80
May 22, 2024 Interim 0.70
Feb 09, 2024 Interim 0.70
Aug 17, 2023 Final 0.60
Mar 24, 2023 Interim 0.60

BEL Strong Order Book

On February 8, 2025, Bharat Electronics Limited (BEL), a Navratna PSU, signed a ₹610 crore contract to supply an Electro-Optic Fire Control System (EOFCS) to the Indian Navy. This fully indigenous system will be installed and integrated into Indian naval platforms. It is capable of panoramic/sector search, tracking various types of targets both day and night and engaging the tracked targets using medium-range and short-range gun mounts.

Additionally, BEL has secured a ₹1,034 crore (excluding taxes) contract with the Ministry of Defence for the supply of Software Defined Radios (SDR) and Data Communication Terminals (DCT) for the Indian Coast Guard. These state-of-the-art radios, co-developed by DEAL (DRDO) and BEL, support multi-band, multi-channel, and multi-role/multi-mission operations to support network-centric warfare. With these new orders, BEL’s total accumulated orders for the current financial year have reached ₹13,147 crore.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 27, 2025, 8:31 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers