BPCL Dividend 2024 Record Date, Current Share Price

BPCL

Bharat Petroleum Corporation Limited (BPCL) was founded in 1952 and is the largest state-owned oil and gas company in India. It stores, distributes, and refines refined petroleum products, including kerosene, gasoline, diesel, and LPG (cooking gas). BPCL, which operates thousands of gas stations and petrol pumps around the country, provides fuel as well as a variety of customer services, including online LPG cylinder booking and reward programs. 

The company's hard work and dedication to environmental sustainability include working on green energy projects like solar and wind power. BPCL, a company based in Mumbai, Maharashtra, has been recognized with numerous awards for its outstanding service and commitment to the energy sector. Additionally, BPCL funds community initiatives that pertain to education, healthcare, and skill-building.

BPCL Dividend 2024 Record Date

There's some positive news for stockholders of Bharat Petroleum Corporation Limited, or BPCL. The company will distribute bonus shares and a substantial dividend.

Shareholders will get one bonus share from BPCL on June 22, 2024, for every share they presently own. If you already own a share, this suggests that you will get an extra share for free. A 1:1 bonus is the name given to this type of situation.

BPCL also declared a final dividend of Rs 21 per share prior to the bonus issuing. Every share would be valued at Rs 10.5 when the bonus is issued. On the dividend record date, an additional announcement will be made.

This is great news for BPCL investors because it means they will get extra shares and a big dividend.

BPCL Current Share Price

Bharat Petroleum Corporation Limited's (BPCL) share price as of May 14, 2024, is approximately around Rs 605.95 on the NSE and Rs 605.7 on the BSE (Kotak Securities) (HDFC Securities).

Following announcements of a 1:1 bonus issue and a sizeable dividend distribution, the stock price of BPCL, a substantial state-owned oil and gas firm in India, has recently moved. Because of the unpredictable nature of the stock market, it is best to stay up-to-date on current developments by regularly visiting reputable financial news sites or stock market platforms.