NALCO announces dividend of Rs 387 cr

New Delhi:  In the 33rd Annual General Meeting held here, shareholders of National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, approved a total dividend payout of 30%, which works out to Rs.1.50 per share. The total pay-out is Rs.387 crore for 2013-14. Since inception, NALCO has paid a total of Rs.4906 crore as dividend, including Rs.4234 crore as share of Govt. of India. Ansuman Das, CMD of NALCO highlighted the performance of the company and its growth plans.