• Source:JND
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Dividend Stock: Power Finance Corporation, a Public sector undertaking, has announced an interim dividend of 35 per cent or Rs 3.50 per share to its investors. This is the fourth time the company has announced an interim dividend in the current financial year. The record date and payment date of PFC dividend have also been fixed by the board.

According to the exchange filing, the PFC board met today to consider and approve the proposal for dividend payment among shareholders. The board has declared an interim dividend of 35 per cent or Rs 3.50 per share of the face value of Rs 10.

Fourth Interim Dividend

PFC said in an exchange filing that it has declared the fourth interim dividend of Rs 3.50 per equity share (subject to TDS deduction) on equity shares of face value of Rs 10 for FY 2024-25.

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Power Finance Corporation Dividend Record Date: PFC has also fixed the dividend record date. According to the information filed, the PFC dividend record date will be on March 19.

It is notified that 19.03.2025 (Wednesday) shall be treated as the 'record date' to determine the eligibility of shareholders for the fourth interim dividend payment for the financial year 2024-25, said PFC in the filing.

PFC Dividend Payment Date: PFC has fixed the dividend payment date for eligible shareholders. The PSU said the dividend will be paid before April 11. PFC in the filing said that the above-mentioned interim dividend payment/distribution date will be on or before 11.04.2025.

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Disclaimer: This is a piece of news about recent development in the stock. Jagran does not advise investing, please take expert opinion before investing.