BEL Interim Dividend 2025: Bharat Electronics Share Price Rises Ahead Of Record Date

Bharat Electronics Ltd. (BEL), a Navratna public sector undertaking of the defence ministry, has declared its first interim dividend for the financial year 2024-25 (FY25). The company will pay a dividend of Rs 1.5 per equity share of Rs 1 each 9 fully paid up, which amounts to 150% of the face value.

The board of directors met on Mar. 5 to approve the dividend payout, for which Mar. 11 has been set as the record date for determining shareholder eligibility.

In a stock exchange filing last week, BEL said that the dividend would be credited to eligible shareholders within 30 days of the declaration.

In line with the rules of Securities and Exchange Board of India, some companies distribute a portion of their earnings as dividends to shareholders. However, certain regulations must be followed when determining eligibility criteria for dividends. 

For this, the record date plays a crucial role in determining shareholder eligibility. According to BEL's stock exchange filing, the company has set Mar. 11 as the record date.

This means that based on the T+1 trade settlement system, shareholders must purchase shares by Mar. 10 to be eligible for the dividend. By March 11, the shares will be credited to their accounts, making them eligible for the interim dividend payout. 

BEL reported impressive third-quarter results for FY25, with a net profit increase of 53% year-on-year to Rs 1,311 crore. The PSU posted a revenue jump of 38.7% to Rs 5,771 crore. Its Ebitda surged 55.7% to Rs 1,670 crore.

Bharat Electronics Ltd. (BEL) shares were trading in the green at Rs 277.85, 0.30% up at around 10:30 a.m., compared to benchmark Nifty50 trading 0.29% higher at 22,617.25.

BEL shares have delivered strong returns, rising 30% in the past year. Over the last five years, the defence PSU stock has surged by over 1,000%.