PFC declares Rs 3.5 per share interim dividend. Check record date, other details
Power Finance Corporation Ltd. (PFC) has announced an interim dividend of Rs 3.50 per share, following the approval of its Board of Directors in a meeting held today. March 19 has been fixed as the record date for the purpose of determining shareholder eligibility.
“In continuation of our earlier communication dated 09.03.2025, we would like to inform that, the Board of Directors of Power Finance Corporation Ltd. (PFC) in its meeting held today i.e. 12.03.2025 have inter-alia considered and approved the following: Declaration of fourth interim dividend @ Rs. 3.50/- (Rupees Three and paisa Fifty only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10/- each for the FY 2024-25,” the company said in its exchange filing.
PFC has also informed that the said dividend will be paid to the entitled shareholders by April 11.
In addition to the dividend declaration, the board also approved fundraising plans for the financial year 2025-26. PFC will raise capital through a mix of bonds, term loans, and commercial papers in both domestic and international markets.
The fundraising strategy includes Rs 1 lakh crore in long- and medium-term borrowings via various instruments such as capital gain bonds (Section 54EC), infrastructure bonds, green bonds, market-linked debt securities, and private placements.
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PFC dividend history
Over the last 12 months, PFC