BEL Dividend 2024: Multibagger defence PSU declares 70% interim dividend - Check Record Date
BEL Dividend 2024: Global brokerage firm Morgan Stanley is bullish on multibagger defence stocks Bharat Electronics and has raised target prices.
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.
| EX Date | Amount (₹) |
| 22 Mar 2024 | |
| 09 Feb 2024 | 0.7 |
| 17 Aug 2023 | 0.6 |
| 24 Mar 2023 | 0.6 |
| 10 Feb 2023 | 0.6 |
| 08 Aug 2022 | 1.5 |
| 24 Mar 2022 | 1.5 |
| 09 Feb 2022 | 1.5 |
| 14 Sep 2021 | 1.2 |
| 23 Mar 2021 | 1.4 |
| 08 Feb 2021 | 1.4 |
| 15 Sep 2020 | 1.4 |
| 11 Feb 2020 | 1.4 |
| 20 Aug 2019 | 1.7 |
| 27 Mar 2019 | 0.7 |
| 19 Mar 2019 | 0.7 |
| 08 Feb 2019 | 0.3 |
| 20 Aug 2018 | 0.4 |
| 08 Feb 2018 | 1.6 |
| 14 Aug 2017 | 1.05 |
| 29 Mar 2017 | 0.9 |
| 02 Feb 2017 | 3 |
| 18 Aug 2016 | 14.5 |
| 04 Feb 2016 | 2.5 |
| 10 Aug 2015 | 23.2 |
| 28 Jan 2015 | 6 |
| 12 Sep 2014 | 17.3 |
| 29 Jan 2014 | 6 |
| 06 Sep 2013 | 16.3 |
| 30 Jan 2013 | 6 |
| 07 Sep 2012 | 10.8 |
| 01 Feb 2012 | 10 |
| 13 Sep 2011 | 15.6 |
| 02 Feb 2011 | 6 |
| 13 Sep 2010 | 13.2 |
| 03 Feb 2010 | 6 |
| 14 Sep 2009 | 12.7 |
| 28 Jan 2009 | 6 |
| 12 Sep 2008 | 14.7 |
| 30 Jan 2008 | 6 |
| 07 Sep 2007 | 14 |
| 27 Aug 2001 | 4 |
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.
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