National Aluminium Company Limited (Nalco), the Navratna PSU under the Union ministry of mines has declared a total dividend payout of Rs 257.72 crore which includes the final dividend of Rs 0.50 per equity share capital i.e. 10 per cent on face value of Rs 5 each, in addition to interim dividend of Rs 2 per equity share paid on pre-revised equity share capital i.e. 20 per cent on face value of Rs 10 each. This sum is 60 per cent higher than Rs 161.08 crore paid for the previous fiscal.
The company has earned a profit after tax of Rs 1,069 crore for 2010-11. Since its inception, Nalco has paid Rs 3,940 crore as dividend, including Rs 3,435 crore as share of the Government of India.
