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Nifty 500 firms’ dividend payout ratio hits 7-year low despite record Rs 4.94 lakh cr payouts

Nearly 18 firms more than doubled their dividend payouts, including Central Bank of India, UltraTech Cement, HBL Engineering, Neuland Laboratories, BHEL, JSW Steel, BLS International, Balrampur Chini, HPCL, Radico Khaitan, Craftsman Automation, Pidilite Industries, HFCL, JSW Dulux, Nuvama Wealth, Premier Energies, Trident, and Sobha.