The Board of Power Finance Corporation Limited (PFC) has announced the fourth interim dividend (dividend) for the financial year 2024-25. The company has decided to give ₹ 3.5 per share dividend on shares with ₹ 10 face value.
The announcement was made before the market closed on Tuesday, 12 March 2025.
- The record date for dividend payment has been fixed on 19 March 2025.
- The shareholders will get this dividend by 11 April 2025.
- The PFC shares closed at ₹ 396 with a slight decline on Wednesday.
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What does a record date mean?
The record date reflects the date that the shareholders of a company will get the right to get dividend.
- If an investor has shares of PFC till 19 March 2025, he will be eligible for dividend.
- A day before the record date, ie on 18 March 2025, we will trade without share dividend.
- When a company trades ex-Dividend, the price of the next dividend is removed from the price of its shares.
PFC funding plan
PFC has planned to borrow up to ₹ 1,40,000 crore in the financial year 2025-26.
- This borrowing will be except for extra budgetary resources.
- This amount will be used for investment in infrastructure and energy sector.
PFC shares
Recent decline in PFC shares
- PFC shares were trading 2% to ₹ 393.55 on Wednesday.
- In 2025, the stock has fallen to 12% so far.
- Recently there has been a decline of 32% from a high level of ₹ 580.
