BPCL share price hits 52-week high after promising 3% dividend yield in 2022

bpcl share price history

After entering the financial year 2023-24, BPCL share price came down to approx. 328 every level and psu stock has gone up from there 374.90 each level, with delivery of about 14 percent of these in about a month’s time. In fact the stock continues to be a money maker for its shareholders as the state-owned Fortune 500 company’s stock has given returns of over 20 per cent in the last six months despite being in base building mode till mid-October 2022.

BPCL Dividend History

as per the information available on BSE website, total dividend declared by BPCL in 2022 11 per share. This A dividend of Rs 11 per share was declared on two occasions in February 2022 and August 2022. bpcl dividend 2022 History, this navratna company has earned ex-dividend on two occasions. BPCL shares to trade Ex-Dividend to be issued on February 10, 2022 5 per share interim dividend for the financial year 2021-22. Later, the shares of BPCL traded ex-dividend on August 19, 2022 to issue the final dividend 6 per share. Therefore, for those who bought BPCL shares in early 2022, their dividend yield in 2022 from BPCL shareholding was around 3 per cent as BPCL shares were available at approx. 385 each.

So, for those who bought BPCL shares in early 2022, their absolute value may be less than its investment amount but the dividend yield has gone down. This resulted in a loss of 10 per share. 11 per share dividend in 2022.

This Fortune 500 company has not declared any dividend in 2023.