Reliance Industries Ltd (RIL) today declared an interim dividend of 47.5 per cent for 2001-02, raising it from 42.5 per cent last year.
The dividend will result in an outgo of Rs 551 crore, Reliance Industries said in a press release.
Also, group company Reliance Petroleum (RPL) declared a 5 per cent interim dividend for the year, resulting in an outgo of Rs 287 crore.
Last year, too, Reliance Petroleum had paid out a dividend of 5 per cent.