IRFC Dividend: Indian Railway Finance Corporation (NSE: IRFC) has given good news for the shareholders. The company is getting ready to pay its shareholders a second interim dividend. Let us tell you that, IRFC has scheduled a board meeting on Monday and has fixed a record date. The company will consider an interim dividend to shareholders for FY25 in this upcoming board meeting which is scheduled on Monday, next week.
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IRFC Dividend Announcement
State owned Railway company Indian Railway Finance Corporation (IRFC) has fixed a board meeting on Monday, 17 March, 2025. An interim dividend of Rs 0.80 per share had already been announced by the Navratna railway company, IRFC. IRFC stated that Friday, March 21, 2025, would be the record date for determining who would be eligible to receive the second interim dividend.
“Trading Window, shall remain closed from Tuesday, 11th March, 2025, shall continue to remain closed till 48 hours after the date of the Board Meeting for the consideration of declaration of Second Interim Dividend,” according to an exchange filing.
IRFC Dividend Record Date
For the current fiscal year, IRFC Ltd has set March 21 as the ex-date for paying interim dividends. The next corporate action’s record date is March 21, according to the company. Let us tell you that, Record date means on which you will receive dividend payments from the company if you hold its shares. However, the official Record Date for interim dividend payout has not been disclosed yet by IRFC Limited.
Also Read: IRFC Share Price Target From 2025 to 2050
IRFC Dividend History
Talking about the dividend history, Indian Railway Finance Corporation distributed a dividend of Rs 0.70 on August 22, 2024. This PSU Railway Company declared Rs 0.70 and Rs 0.80 dividends in September and November of last year. The dividend average of IRFC Ltd. is 0.96% at the current market price.
IRFC Share Price
The shares of IRFC Limited have returned 3.39% and 1.56%, respectively, over the last one and two weeks, according to the data available on NSE. However, the railway company’s shares have decreased by 3.91% and 27.88%, respectively over the past 1 month and 6 months. IRFC shares have declined 19.89% YTD. The company’s shares have declined by 11.92%. At the time of writing this article IRFC shares are trading at Rs 120.45 with a marginal 0.58% gain.
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