Business

Dividend: How India Inc paid record dividends in these hard Covid times

PSUs like BPCL, Indian Oil, NTPC, SBI, HPCL, Coal India and SAIL contributed the utmost to the dividend kitty in FY21.

Synopsis

103 of 155 corporations, together with Bharat Petroleum, Indian Oil, Hindustan Unilever, Infosys, SBI, Indus Tower and Ambuja Cement, elevated the dividend payout in FY21 over the earlier 12 months.

India Inc paid file dividends in FY21 regardless of the powerful Covid occasions, all due to the restoration in earnings, cashflows and improved stability sheets as a consequence of low-interest charges. Fairness dividends paid by the highest 155 of NSE 200 corporations jumped 38 per cent or Rs 61,000 crore in FY21 in contrast with FY20.

103 of 155 corporations, together with Bharat Petroleum, Indian Oil, Hindustan Unilever, Infosys, SBI, Indus Tower and Ambuja Cement, elevated the

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https://economictimes.indiatimes.com/markets/shares/information/how-india-inc-paid-record-dividends-in-these-hard-covid-times/articleshow/84310658.cms

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