Payment of Dividents from Public Sector Banks

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....ayment of Dividents from Public Sector Banks <br>News and Press Release<br>Dated:- 27-2-2015<br><BR>Instructions exist for payment of dividends by Public Sector Banks (PSUs). In terms of extant instru....

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....ctions all profit making Public Sector Enterprises (PSEs), which are essentially commercial enterprises, subject to specific guidelines issued from time to time, will declare a minimum dividend on equ....

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....ity of 20 per cent or a minimum dividend payout of 20% of post-tax profits (PAT), whichever is higher, subject of availability of disposable profits. In respect of Oil, Petroleum, Chemical and other i....

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....nfrastructure sectors this amount would be 30%. Besides, profit making companies with large cash surpluses and without firm plans for reinvestment shall declare special dividends. Accordingly, these i....

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....nstructions were also circulated to all Ministries/Departments as part of Budget Circular 2014-15. This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to ....

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....a question in the Lok Sabha today.<BR> News - Press release - PIB....