Aluminium giant Nalco has announced a total dividend payout of 25 per cent, amounting to Rs 322.15 crore, for 2012-13, as against 20 per cent paid in the previous year.
Announcing this after its annual general meeting (AGM), Nalco CMD Ansuman Das said the shareholders of the Navaratna PSU gave nod to a total dividend payout of 25 per cent, which works out to Rs 1.25 per share.
With this, the total payout would be Rs 322.15 crore for 2012-13, he said.
Since inception, Nalco had paid a total of Rs 4519.17 crore as dividend, including Rs 3920.73 crore as share of the central government, he further said.
The upward revision was approved following a recommendation for payment of a final dividend at Rs 0.50 per share (10 per cent) in addition to the interim dividend of Rs 0.75 per share (15 per cent) paid on March 30, 2013.
Total dividend pay-out for 2012-13 would be at Rs 1.25 per share (25 per cent) as against Rs 1.00 per share (20 per cent) for 2011-12.
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