BEL Dividend 2024: Multibagger defence PSU declares 70% interim dividend - Check Record Date

BEL Dividend 2024 Record Date: Multibagger Defense PSU Bharat Electronics Ltd (BEL) has announced the second interim dividend of Rs .70 or 70 per cent per equity share of Re 1. 

"The board of directors of the company has declared the second interim dividend of Rs. 0.70/- (70%) per equity share of Rs.1/- each fully paid-up for the financial year 2023-24," the company said in an exchange filing. 

BEL Dividend 2024 Record Date

According to the exchange filing, the company has fixed March 23 as the record date to identify the eligibility of shareholders for a second interim dividend.

BEL Dividend 2024 Payment Date

The second interim dividend will be paid within 30 days from the date of declaration.

BEL Dividend History

Earlier, the company announced an interim dividend of Rs 0.70. Below is the dividend history of BEL.

BEL Share Price Target 2024

Global brokerage firm Morgan Stanley is bullish on multibagger defence stocks Bharat Electronics and has raised target prices.  

Morgan Stanley has maintained an overweight rating on BEL. Also, the target price per share has been raised to Rs 263 from Rs 215.

According to BSE Analytics, the stock has given 111 per cent return in one year and 181 per cent return in two years. In the last six months, the counter has given a 43.47 per cent return to investors.