Power Finance Corporation Announces 32.50% Dividend, Sets Ex-Date and Payment Timeline Shares of Power Finance Corporation (PFC) are set to trade ex-dividend soon, with investors advised to monitor the ex-date and record date to qualify for the upcoming dividend payment. The State-owned power finance company has declared a fourth interim dividend of Rs 3.25 per equity share, representing a 32.50% return on the face value of Rs 10. This marks another milestone in the company’s dividend history, following previous interim payouts of Rs 4, Rs 3.65, and Rs 3.70. The record date for the dividend has been fixed at March 23, 2026, which means shareholders must hold their shares by this date to be eligible for the payout. The ex-date, which is the last day to purchase shares to receive the dividend, coincides with the record date on March 23, 2026. Investors who transact on or before this date will be included in the list of shareholders for the dividend distribution. The dividend payment is scheduled to be made to eligible shareholders on or before April 16, 2026. This follows the company’s earlier announcement of an interim dividend of Rs 4 per equity share, which was paid out with an ex-date of February 20, 2026. The current dividend reflects the company’s ongoing efforts to reward shareholders while maintaining financial stability amid market fluctuations. PFC’s shares closed the previous trading session at Rs 417.80 on the BSE, reflecting a 2.78% increase from the previous close of Rs 406.50. This upward movement highlights the positive sentiment surrounding the company’s financial performance and its ability to deliver consistent returns to investors. The dividend announcement comes against a backdrop of mixed market conditions, with equity benchmark indices expected to open flat on March 18, 2026.#bse #power_finance_corporation #rs_3_25 #rs_10 #march_23_2026
