IRFC announces second interim dividend of ₹0.80 per share for FY25; details here

IRFC (Indian Railway Finance Corporation) on Monday, March 17, announced the second interim dividend of ₹0.80 per share for the financial year 2025 (FY25).

The PSU company said in an exchange filing that its board of directors considered and approved the declaration of a second interim dividend of ₹0.80 per share of ₹10 each for the financial year 2024-2025 on March 17.

The company, through a regulatory filing on March 10, had informed that the meeting of the board of directors of the company was scheduled to be held on Monday, 17th March 2025, to consider the declaration of the second interim dividend to the shareholders of the company for the financial year 2024-25.

IRFC dividend record date

The record date for determining shareholders' eligibility for the payment of the second interim dividend is Friday, March 21.

The company said the dividend would be paid within 30 days from the declaration of the second interim dividend.

The dividend record date is the day on which a company finalises the list of shareholders eligible for its forthcoming dividend distribution. As per the T+1 settlement cycle, the ex-date and the record date for all corporate actions, like dividends, are on the same day.

IRFC share price trend

Snapping its losing run of the last four consecutive sessions, IRFC share price ended with a decent gain of 0.89 per cent at ₹118.75 on Monday.

After a whopping 26 per cent loss in February, the stock has seen renewed buying interest in March. So far this month, it has gained nearly 6 per cent.

Over the last year, the stock has suffered a loss of more than 13 per cent loss. The PSU stock hit a 52-week low of ₹108.05 on March 3 this year, whereas it scaled its 52-week high of ₹229.05 on July 15 last year.

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