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HUDCO makes all-time high dividend payout

Union Minister of State (Independent Charge) Ministry of Housing and Urban Affairs H S Puri, was presented the final dividend cheque of Rs.428.68 crore for the year 2019-20, by M Nagaraj Director (Corporate Planning) HUDCO. Present on the occasion were D S Mishra, Secretary MoHUA, D Guhan, Director

By Whispers in the Corridors 1 min read
HUDCO makes all-time high dividend payout

Union Minister of State (Independent Charge) Ministry of Housing and Urban Affairs H S Puri, was presented the final dividend cheque of Rs.428.68 crore for the year 2019-20, by M Nagaraj Director (Corporate Planning) HUDCO. Present on the occasion were D S Mishra, Secretary MoHUA, D Guhan, Director (Finance) and other senior officials. In its Golden Jubilee year, HUDCO has made an all-time high dividend payout of 31% amounting to Rs 620.59 crore for the year 2019-20.  HUDCO also paid a dividend of Rs.128.65 crore to the Ministry of Rural Development, and Rs. 63.26 core to public shareholders.

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