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PSUs step up payout by Rs 869 crore

40 undertakings proposed or paid dividend of Rs 12,510 crore in 2003-04

Image

Deepak Korgaonkar Mumbai

Bonanza time

(Rs)

Dividend per share

2003

2004

ONGC

30.0

24.0

Indian Oil Corp

29.0

21.0

HPCL

20.0

22.0

GAIL

7.0

8.0

SBI

8.5

11.0

BPCL

15.0

17.5

Shipping Corp

3.0

17.0

MTNL

4.5

4.5

Neyveli Lignite

1.4

1.4

Canara Bank

3.5

5.0

Bank of Baroda

6.0

6.5

Kochi Refineries

10.0

12.0

Bank of India

3.0

3.0

Union Bank of India

2.1

3.5

Bongaigaon Refinery

2.7

7.7

  Of this, Rs 8,527 crore went to the government

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First Published: Jul 06 2004 | 12:00 AM IST

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