BHUBANESWAR, SEPT 26: Navratna PSU National Aluminium Company (Nalco) on Saturday declared a total dividend payout of 35 per cent amounting to Rs 451.02 crore for the financial year 2014-15.
The dividend was approved by the shareholders at the company’s 34th Annual General Meeting (AGM) held here today.
The shareholders approved a total dividend payout of 35 per cent, which works out to Rs 1.75 per share.
The total pay-out is Rs 451.02 crore for FY 2014-15, as against Rs 387 crore for the previous fiscal.
Since its inception, aluminium major Nalco has paid a total of Rs 5,356.76 crore as dividend, including Rs 4,598.99 crore as share of the government.
Addressing the shareholders, Tapan Kumar Chand, Chairman-cum-Managing Director, Nalco highlighted the performance of the company and outlined its growth plans at the meeting.
