NALCO declares 20% interim dividend amounting to Rs 128.86 cr

BHUBANESWAR: 'Navaratna' PSU National Aluminium Company Limited ( NALCO) today declared an interim dividend of 20 per cent.

The NALCO board approved the payment at the rate of Rs 2 per share on the paid-up equity share capital of Rs 644.31 crore for the year 2010-11, an official release said.

The total payout works out to Rs 128.86 crore, out of which the share of the central government is Rs 112.29 crore.

The rest shall be paid to various institutional and individual shareholders, the release said.