The government-owned company BEML has declared a second interim dividend of ₹15 per share for the financial year 2024-25. After the announcement, BEML’s share price went up by nearly 2% on Friday. The stock touched a high of ₹3,071.45 on the BSE, marking a gain of 1.91%.
BEML informed the stock exchange that the decision was taken during the company’s 411th board meeting held on May 9, 2025. The board approved a second interim dividend of ₹15 per equity share having a face value of ₹10. This means the dividend is 150% of the face value of the shares.
Earlier in the same financial year, BEML had declared its first interim dividend of ₹5 per share on February 14, 2025.
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BEML also announced the record date for determining eligible shareholders who will receive the dividend. The record date is set as May 15, 2025. Shareholders who hold BEML shares as of this date will be eligible to receive the ₹15 dividend.
The ex-dividend date, which is one day before the record date, is the last day on which shares can be bought to be eligible for the dividend.
Although the stock gained after the dividend announcement, BEML’s share price has seen a decline in recent months:
It has dropped by 2.5% in the past 3 months
It is down 26% year-to-date (YTD)
Over the last 6 months, the stock has fallen by 27%
In the past year, it has declined by 4%
However, BEML has delivered strong returns over the long term:
In the last two years, the stock has risen 117%
Over a 5-year period, it has given 550% returns, making it a multibagger stock
As of 1:55 PM on May 9, 2025, BEML shares were trading at ₹3,055.95 on the BSE, which is a 1.40% increase from the previous close.
BEML’s latest dividend announcement shows the PSU’s commitment to rewarding shareholders, even as its short-term stock performance remains under pressure. With a history of delivering strong long-term gains, investors may find value in staying invested, especially with consistent dividend payouts adding to the appeal.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: May 9, 2025, 8:09 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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