Power giant NHPC pays final dividend of Rs 338.5 cr to Centre for FY24

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Power giant NHPC pays final dividend of Rs 338.5 cr to Centre for FY24 - Business Standard

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In addition, an interim dividend of Rs 947.82 crore for 2023-24 was paid on March 5, 2024, aggregating a total dividend of Rs 1,286.33 crore for the entire fiscal year, the company said in a statement.

The company's board of directors in its meeting on May 17, 2024 recommended a final dividend at the rate of Rs 0.50 per equity share i.e.5 per cent of the face value for 2023-24 that was approved in the annual general meeting on August 28, 2024.

"NHPC has paid a final dividend of Rs 338.51 crore to Government of India for the FY2023-24 on September 20, 2024," a company statement said.