Shares closed on Monday with a gain of 0.89 percent
IRFC Dividend: Indian Railway Finance Corporation on Monday announced dividend for its shareholders. The company today stated in an exchange filing that the IRFC board approved the second interim dividend for the current financial year 2024-25. In the information given to BSE and NSE, the company said that IRFC shareholders will be given a dividend of Rs 0.80 on each share with a face value of Rs 10. Let us tell you that the company announced a record date on March 10 for this interim dividend.
The company fixed a record date on March 21
The IRFC had stated in an exchange filing of March 10 that the company has fixed a record date for the second interim dividend for the current financial year on 21 March. On Friday, March 21, the company shares will trade X-Dividend. Therefore, investors will not get the benefit of dividend on new shares to be purchased on March 21. After the market closure on Thursday, March 20, you will be given dividend on the same shares as many shares of the company will be in your demat account. The money of this second interim dividend given by the company will be transferred to the bank account of investors on or before April 16.
Shares closed on Monday with a gain of 0.89 percent
On Monday, the company’s shares on BSE closed at Rs 118.75 with a gain of Rs 1.05 (0.89%). Today, during the business, IRFC shares reached Intrade Low of Rs 117.40 to Intrade High of Rs 119.70. Let us tell you that the company’s shares have recorded a sharp decline in the last few months. The company’s shares are currently trading around their 52 week low (Rs 108.05). While its 52 week high is Rs 229.05. According to BSE data, IRFC’s current market cap is Rs 1,55,188.51 crore.
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