NTPC declares dividend of 12%

The board of directors of National Thermal Power Corporation (NTPC) in its meeting held on February 12, has decided to pay interim dividend at the rate of 12% on the face value of paid up equity shares of Rs 10  each for the financial year 2004-05.

According to the release issued to the BSE today, the record date for determining the shareholders eligible for receipt of interim dividend shall be February 28, 2005.

The scrip is currently flat at Rs 92.