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HAL announces Rs 15 final dividend for FY25. Check record date and other details

HAL announces Rs 15 final dividend for FY25. Check record date and other details

Economic Times13 hours ago

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State-run aerospace and defence major Hindustan Aeronautics Ltd (HAL) has recommended a final dividend of Rs 15 per equity share for the financial year 2024-25. This represents 300% on the face value of Rs 5 per share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days of approval. The company has also announced that the record date for determining eligibility for the final dividend is Thursday, August 21, 2025.This move comes on the back of another strong financial year for HAL, underlining its consistent performance and robust cash flows. The company has a track record of generous dividend payouts, supported by a healthy order book and rising demand for indigenous defence platforms.HAL is India's premier aerospace and defence company. It operates under the administrative control of the Ministry of Defence and plays a crucial role in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, engines, and related systems.The company is a key supplier to the Indian Armed Forces and has been at the forefront of India's defence indigenisation efforts.Its flagship platforms include the Tejas Light Combat Aircraft (LCA), Dhruv Advanced Light Helicopter (ALH), Rudra, and Light Combat Helicopter (LCH), among others. HAL is also responsible for the production and servicing of legacy aircraft such as the Sukhoi Su-30MKI, Jaguar, and Mirage 2000.As of FY25, HAL boasts a robust order book exceeding Rs 1.2 lakh crore, which includes long-term projects such as the Tejas Mk-2, HTT-40 trainer aircraft, and advanced helicopters.The company is expanding its capabilities in UAVs, space systems, and engines, aligning with India's push for defence self-reliance under the Atmanirbhar Bharat initiative.HAL is among the top government-owned firms in terms of market capitalisation and dividend yield, making it a favourite among long-term investors and dividend-focused portfolios.

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