Bharat Petroleum Corporation Ltd (BPCL) has announced that the Board of Directors of the Company at its meeting held on September 26, 2006, has recommended a dividend @ 25 % (i.e. Rs 2.50 per fully Paid up equity share of Rs 10/- each) for the financial year 2005-06, on the enlarged paid up equity share capital of Rs 361.54 crore after the amalgamation of Kochi Refineries Ltd with the Company.