GAIL, BPCL to HUDCO: Central government receives ₹3,700 crore dividend from these four PSU stocks

The central government received nearly ₹3,700 crore in dividends from four public sector companies – Bharat Petroleum Corporation Limited (BPCL), GAIL India, HUDCO and National Small Industries Corporation – in February, according to recent data released by the Department of Investment and Public Asset Management (DIPAM).

DIPAM released this data on the official social media handle on X. The central government receives dividends from companies due to the stake it holds in them.

Dividend Details

Here's a detailed look at the dividends dispensed by these PSU companies.

GAIL

The central government received ₹2,202 crore from Maharatna PSU GAIL India. The company, involved in the transmission and marketing of natural gas, announced an interim dividend @65% for the financial year FY 2024-25 i.e. ₹6.50 per share. The government held a 51.90% stake in the large-cap company as of the December 2024 quarter.

BPCL

The central government received around ₹1,149 crore from the oil market company (OMC) BPCL following the announcement of an interim dividend of ₹5/—per equity share of face value ₹10/—each, or 50%, for the financial year 2024-25. As of December 2024, the government held a majority stake of 52.98% in the oil company.

HUDCO

Housing finance company HUDCO announced a dividend of ₹2.05 per equity share on the face value of ₹10 each for the financial year 2024- 25 in January. The central government received a ₹308 crore dividend from HUDCO as it held a 75% stake in the company as of the December 2024 quarter.

National Small Industries Corporation

National Small Industries Corporation paid ₹38 crore to the central government, according to the data shared by DIPAM.

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