Hindustan Aeronautics Limited (HAL) board recommends the first interim dividend for FY'21
HAL will give an interim dividend of Rs 15 per share of Rs 10 face value
Bengaluru/ Mumbai: Aerospace major Hindustan Aeronautics Ltd (HAL) on Wednesday declared the first interim dividend of Rs 15 per equity share of Rs 10 face value each fully paid up (150%) for the Financial Year 2020-21. The Board of Directors of the Defence PSU had its meeting held on Wednesday, December 9 where the recommendation was made.
The record date for the payment of the interim dividend will be Saturday, December 19, 2020. After the announcement, the shares of Hindustan Aeronautics Ltd was last trading in BSE at Rs 878.90 as compared to the previous close of Rs 864.80. The total number of shares traded during the day was 106405 and the deliverable quantity was 55863.
ALSO READ: In a first, Chief of Army Staff leaves for UAE, Saudi Arabia on a 6-day visit
ALSO READ: Here is what Anil Kapoor said on Indian Air Force's objections on 'AK Vs AK'
HAL shares hit an intraday high of Rs 894.40 and intraday low of Rs 872.85.
HAL is India's sole manufacturer of military aircraft, including fighters, multi-utility helicopters, transport and trainers for the Indian armed forces.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)