Companies

NMDC pays 300% interim dividend

Our Bureau Hyderabad | Updated on December 02, 2014 Published on December 02, 2014

NMDC has paid first Interim dividend at 300 per cent for the year 2014-15 to the Central Government.

Narendra Kothari, Chairman-cum-Managing Director of NMDC Limited handed over the first interim dividend cheque for Rs 951.58 crore for 2014-15 to Narendra Singh Tomar, Union Minister for Steel, in presence of Vishnu Deo Sai, Minister of State for Steel and other officials.

During the past three years, NMDC has paid dividend at 450 per cent of Rs 1,784.12 crore in 2011-12, 700 per cent at Rs 2,775.30 crore in 2012-13 and 850 per cent at Rs 3,370 crore during 2013-14, according to a NMDC statement.

Published on December 02, 2014
This article is closed for comments.
Please Email the Editor