BPCL Ltd  dividend at the rate of Rs. 21 per share

NEWS:

BPCL Ltd has informed that a dividend at the rate of Rs. 21 per share (210%) of face value of Rs. 10 each on equity shares of the Company has been recommended by the Board of Directors.

BPCL Ltd in its letter has informed the exchanges that it has fixed the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date. Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, BPCL 2023 Dividend you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend.

What is Dividend?
Dividends are payments by a company, a part of a company’s profits that is paid to the people who own shares of that company (shareholders).

Where dividend gets credited?
Any dividend received on your Shares will be directly credited to the registered bank account.

Dividend is taxable?
dividend income will become taxable in the hands of taxpayers irrespective of the amount received at applicable income tax slab rates.

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Wipro  is an Indian multinational corporation that provides information technology, consultant and business process services. It is one of the leading Big Tech companies. Wipro’s capabilities range across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services to customers in 167 countries.

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Introduction

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