HAL Declares Second Interim Dividend for Its Investors
New Delhi [India], March 10 (ANI): Hindustan Aeronautics (HAL) on Friday declared the second interim dividend of Rs 20 per share for its investors for the financial year 2022-23.The first interim dividend too was reportedly Rs 20 per share.Also Read | Australia’s Fortescue Metals to Cut ‘few Hundred’ Jobs – Source – Latest Tweet by Reuters.A dividend is a reward that companies often provide to their shareholders, though not mandatory, from a portion of their earnings.The record date is March 20, 2023, HAL said in the regulatory filing. The record date is set to ascertain shareholders' eligibility for payment of the dividend.Also Read | US: Woman Dies of Severe Malnutrition After Carrying Rare 'Stone Baby' Inside Her For Nine Years.The date on which the announced interim dividend will be paid was not mentioned in the regulatory filing.Separately, earlier this week, the Ministry of Defence signed agreements, worth Rs 9,900 crore, with Hindustan Aeronautics Limited (HAL) and Larsen and Toubro (L&T) for the procurement of 70 HTT-40 basic trainer aircraft and three cadet training ships, respectively. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
Friday, March 10, 2023 at 9:52 am