IRFC Dividend 2024 Date, IRFC Dividend News: Indian Railway Finance Corporation or IRFC dividend announcement will take place in the Q4 results FY2024. IRFC is a railway PSU stock under Rs 200. IRFC has made the disclosure about dividend announcement in a latest stock exchange filing.
If IRFC announces dividend, then this would be the final dividend by IRFC for the financial year 2023-24.
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IRFC Dividend 2024 Date
IRFC has declared that the board meeting will take place on May 20 to consider and approve dividend for its shareholders.
“…Board may also recommend final dividend for the Financial Year 2023-24, if any, subject to approval of shareholders in the ensuing Annual General Meeting,” IRFC said in an exchange filing.
IRFC Dividend 2024 Record Date
IRFC didn’t announce the record date in the latest filing. It is likely that IRFC will announce the dividend record date along with the dividend amount on May 20.
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IRFC Q4 Results 2024 Date
According to a regulatory filing, IRFC board will meet on May 20 to consider and approve the financial result for the quarter and financial year ended on March 31, 2024.
“The Audited Financial Results for the quarter and year ended 31st March, 2024 and other financial statements for the year ended 31st March, 2024..,” the company statement read.
IRFC Dividend History
According to BSE website, IRFC in 2023 paid dividend twice to its investors — Rs 0.80 in November and Rs 0.70 in September. In 2022, the railway company had rewarded its investors by distributing dividend in November and September — Rs 0.80 and Rs 0.63, respectively, on each stock.
In 2021, the year IRFC floated its IPO, the company had paid a dividend of Rs 0.77 in November and Rs 1.05 in February.
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IRFC Share Price History
IRFC shares have delivered a positive return of 56 per cent in 2024 so far. In 6 months, the railway PSU stock has more than doubled investors money, zooming a whopping 113 per cent. In one year, IRFC shares have sprinted a massive 369 per cent. IRFC shares have made its investors wealthier by 636 per cent in the last two years.
IRFC shares have a 52-week range of Rs 192.80 – Rs 31.21. The company commands a market cap of Rs 2,05,110.20 crore as on May 15, according to BSE website.
