IRFC Dividend Record Date 2023, IRFC Share Price NSE, IRFC Dividend Payment Date, IRFC News: Indian Railway Finance Corporation (IRFC) has fixed the record date for the payment of interim dividend to the shareholders for financial year 2023-24. The same is likely to be approved by the board of directors at a meeting scheduled to be held today, November 2, 2023.
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IRFC Dividend Record Date 2023
The Railway PSU firm has fixed the record date on 10th November, 2023 for the purpose of ascertaining the eligibility of the shareholders for payment of interim dividend. The company in an exchange filing, said “the Record date for determining the entitlement of the shareholders for the payment of aforesaid interim dividend shall be Friday, 10th November 2023, subject to the approval of Interim dividend by the Board of directors.”
IRFC Dividend History
Earlier, the company distributed a final dividend of Rs 0.7 on 15th September 2023. In 2022, the company announced dividend on two separate occasions – 0.80 on 17th November 2022 and 0.63 on 15th September 2023. Prior to that, the company paid dividend twice in 2021, totalling to Rs Rs 1.82.
IRFC Dividend Yield
The stock has had a dividend yield of 2.04 per cent in the last 12 months on the current market price.
IRFC Q2 Results
The company is scheduled to announce its quarterly earnings today, November 2, 2023. The amount of the dividend will also be declared once approved by the board of directors.
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IRFC Share Price History
The shares of Indian Railway Finance Corp Ltd (NSE: IRFC) traded in green at the time of filing of this report. The scrip quoted at Rs 73.45 apiece on the NSE, up by 0.69 per cent. The counter has delivered multibagger returns in just last six months, multiplying investors wealth by a whopping 118.80 per cent. The stock has grown 123.19 per cent on YTD basis. In the last one year, the stock has grown 224.19 per cent , making investors richer by bumper gains.
