{"id":417307,"date":"2021-05-28T12:19:43","date_gmt":"2021-05-28T06:49:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417307"},"modified":"2021-05-28T12:19:43","modified_gmt":"2021-05-28T06:49:43","slug":"bharat-petroleums-big-dividend-not-the-norm-warn-experts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bharat-petroleums-big-dividend-not-the-norm-warn-experts\/","title":{"rendered":"Bharat Petroleum\u2019s big dividend not the norm, warn experts"},"content":{"rendered":"<p>NEW DELHI: State-run oil marketing company Bharat Petroleum\u2019s (BPCL) higher-than-expected dividend payout should not lure investors into accumulating PSU stocks in anticipation of receiving similar cuts from their profits. <\/p>\n<p>BCPL on Wednesday had announced a dividend of Rs 58, which was a 12 per cent yield on its then market price of  Rs 478. BPCL offered this cut on back of solid results for Q4FY21 in which it reported a profit after tax of Rs 11,940 crore as compared to a loss of Rs 1,847 crore in Q4FY20. The bottomline included a one-off component too since the company has sold its 61.5 per cent stake in Numaligarh Refinery for Rs 9,876 crore. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run oil marketing company Bharat Petroleum\u2019s (BPCL) higher-than-expected dividend payout should not lure investors into accumulating PSU stocks in anticipation of receiving similar cuts from their profits. BCPL on Wednesday had announced a dividend of Rs 58, which was a 12 per cent yield on its then market price of Rs 478. BPCL offered this cut on back of solid results for Q4FY21 in which it reported a profit after tax of Rs 11,940 crore as compared to a loss of Rs 1,847 crore in Q4FY20. The bottomline included a one-off component too since the company has sold [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-417307","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417307"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417307\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}