Rs 3.25 Dividend per share: PSU company rewards shareholders; record date fixed The board of Power Finance Corporation (PFC), a Maharatna public sector undertaking, approved a fourth interim dividend of Rs 3.25 per equity share for the fiscal year 2025–26. The face value of each share is Rs 10. This decision was announced following a board meeting held on March 17, 2026, which also approved a significant fundraising plan for the upcoming fiscal year. The dividend announcement came as PFC shares surged over 2 per cent on Tuesday, with the stock price climbing as high as 2.9 per cent to Rs 419.35 on the BSE. By 3:20 pm, the shares were trading 2.73 per cent higher at Rs 416.00. The company’s decision to distribute profits to shareholders reflects its commitment to rewarding investors while balancing financial obligations. Dividends are portions of a company’s profits distributed to shareholders. The board of directors typically declares these payouts, which are calculated per share. For instance, if a shareholder owns 100 shares, they would receive Rs 325 for the Rs 3.25 per share dividend. The record date for this payout was set as March 23, 2026, meaning only shareholders registered on that date will be eligible. The dividend is scheduled to be paid on or before April 16, 2026. The record date serves as a cutoff for determining eligibility. Investors must hold shares before this date to receive the dividend. Those purchasing shares on or after the record date will not qualify for the payout. This mechanism ensures the company accurately identifies its entitled shareholders. In addition to the dividend, PFC approved a fundraising plan of up to Rs 1.6 lakh crore for FY 2026–27. The company plans to raise funds through a mix of domestic and overseas debt instruments.#board_meeting #bse #power_finance_corporation #maharatna_public_sector_understanding #dividend_announcement
