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SBI To LIC And BPCL: Dividend Payments By PSUs Could Rise By 40% This Fiscal
SBI, LIC, and BPCL may need to pay higher dividends, while Power Grid Corp., NMDC, and NTPC may need to pay less.
19 Nov 2024, 01:25 PM IST 
SBI, LIC and Bharat Petroleum Corp. are likely to see the largest increase in dividend payout. (Photo Source: Envato)
Central public sector enterprises are likely to dole out 40% more dividend in the current fiscal, per the latest guidelines provided by the Department of Investment and Public Asset Management, an analysis by NDTV Profit suggests.Of the 51 such companies in the Nifty 500 index, 38 could be looking at an increased dividend payout against the prior year.According to the new guidelines, the dividend paid by such companies must amount to...
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