Big News for Investors: BHEL, Ashok Leyland, Hyundai and 3 Other Companies Announce Dividends
If you’re someone who owns shares or just keeps an eye on the stock market, here’s some good news for you. Six well-known companies — including names like BHEL, Ashok Leyland, and Hyundai — have announced dividends for their shareholders. In simple terms, this means these companies are sharing a part of their profits with the people who own their shares.
1. BHEL (Bharat Heavy Electricals Limited)
BHEL, one of India’s big government-run companies, is giving ₹4 per share as a dividend to its shareholders. Earlier in March this year, it had already given out ₹8.85 per share. So if you hold shares in BHEL, you’ve been rewarded twice in just a few months. It’s the company’s way of saying thank you to its investors for their support.
2. Ashok Leyland
Ashok Leyland, a major manufacturer of buses and trucks in India, also announced a dividend of ₹4.95 per share back in March. The money was given to shareholders by April 23, and only those who owned the stock as of April 3 got the payout. The company is doing well, and this dividend shows they’re sharing the success with their investors.
3. Hyundai Motor India
Hyundai is a familiar name on Indian roads, but did you know they also shared some profits recently? Even though the company didn’t perform too well in the last quarter and posted a small loss, it still decided to give a dividend. Plus, Hyundai plans to launch 26 new vehicles soon, showing that they’re focused on future growth.
4. TVS Holdings Ltd
This company used to be called Sundaram-Clayton and is part of the well-known TVS Group. TVS Holdings has announced a dividend of ₹4.75 per share for the financial year 2025. The record date was March 27, so if you had shares by then, you’re eligible to receive the money. Around ₹10.42 crore is being shared among investors.
5. Bharat Dynamics Ltd
Bharat Dynamics, which makes weapons and defense equipment for the Indian military, declared a ₹4 per share dividend in February this year. Just a year earlier, it gave a bigger dividend of ₹8.85 per share. The company has been doing well and has been regularly sharing profits with its shareholders.
6. Cupid Ltd
Cupid Ltd is a smaller company known for making condoms and other personal care products. It announced a final dividend of ₹1 per share for the year 2023-24. If you had shares by May 7, you qualify for this payment. While it’s not a huge amount, it still shows the company is financially healthy and values its investors.
What Does This Mean for You?
Dividends are one way companies reward the people who invest in them. Whether it’s a big company like BHEL or a smaller one like Cupid, paying a dividend shows the company is doing well enough to share some of its earnings. For investors, especially those looking for regular income, this is great news.