Multibagger dividend stock, BEL Share Price Target: Multibagger Defense PSU Bharat Electronics Ltd (BEL) is expected to announce its second interim dividend. According to an exchange filing, a board meeting is scheduled for March 15 wherein the company may declare the second interim dividend

BEL Dividend 2024 Record Date

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The company has already announced a record date for the purpose of the second interim dividend, if announced during the meeting scheduled for Friday i.e. March 15. 

According to the exchange filing, the company has fixed March 23 as the record date to identify the eligibility of shareholders for a second interim dividend, if announced by the company.

BEL Dividend History

Earlier, the company announced an interim dividend of Rs 0.70. Below is the dividend history of BEL.

 

EX Date Amount (₹)
22 Mar 2024  
09 Feb 2024 0.7
17 Aug 2023 0.6
24 Mar 2023 0.6
10 Feb 2023 0.6
08 Aug 2022 1.5
24 Mar 2022 1.5
09 Feb 2022 1.5
14 Sep 2021 1.2
23 Mar 2021 1.4
08 Feb 2021 1.4
15 Sep 2020 1.4
11 Feb 2020 1.4
20 Aug 2019 1.7
27 Mar 2019 0.7
19 Mar 2019 0.7
08 Feb 2019 0.3
20 Aug 2018 0.4
08 Feb 2018 1.6
14 Aug 2017 1.05
29 Mar 2017 0.9
02 Feb 2017 3
18 Aug 2016 14.5
04 Feb 2016 2.5
10 Aug 2015 23.2
28 Jan 2015 6
12 Sep 2014 17.3
29 Jan 2014 6
06 Sep 2013 16.3
30 Jan 2013 6
07 Sep 2012 10.8
01 Feb 2012 10
13 Sep 2011 15.6
02 Feb 2011 6
13 Sep 2010 13.2
03 Feb 2010 6
14 Sep 2009 12.7
28 Jan 2009 6
12 Sep 2008 14.7
30 Jan 2008 6
07 Sep 2007 14
27 Aug 2001 4

 

BEL Share Price Target 2024

 

Global brokerage firm Morgan Stanley is bullish on multibagger defence stocks Bharat Electronics and has raised target prices.  

Morgan Stanley has maintained an overweight rating on BEL. Also, the target price per share has been raised to Rs 263 from Rs 215.

According to BSE Analytics, the stock has given 111 per cent return in one year and 181 per cent return in two years. In the last six months, the counter has given a 43.47 per cent return to investors.