NTPC pays 30% of paid-up equity share capital as final dividend for FY 2022-23

New Delhi: State-owned power giant NTPC Limited on Tuesday announced payment of Rs 2,908.99 crore final dividend for FY 2022-23.

"This Final Dividend payment of Rs 2,908.99 crore constitutes 30 percent of the paid-up equity share capital of NTPC Limited," a company statement said.

According to the statement, the total dividend disbursed for FY 2022-23 stands at an impressive Rs 7,030.08 crore, being 41 percent of the profit after tax (PAT).

This marks the 30th consecutive year in which the company has distributed dividends, underscoring its dedication to providing consistent returns to its investors, it added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)