Power Finance Corporation (PFC) on Friday said the company has paid Rs 887 crore to the government as interim dividend for the financial year 2021-22. According to a press release, the Maharatna company said, “This is in addition to Rs 333 crore and Rs 370 crore paid as first and second interim dividend to the Government of India.”
performance of shares
The company’s shares were up on Friday. The company’s shares closed at Rs 112.50, up 1.05 or 0.94%. However, if we talk about the last one month, there has been a decline in the shares of the company. The handing over of the shares was at Rs 121 a month ago, now it is trading at Rs 112. Interim Dividend RTGS (Real Time Gross Settlement) was presented to Union Power Minister RK Singh by Ravinder Singh Dhillon, CMD, PFC, in the presence of Secretary, Ministry of Power, Alok Kumar and other senior officials.
2,838 crore interim dividend to shareholders
The press release issued by the company said, “Third Interim Dividend of 60% i.e. face value of Rs.6 per equity share of Rs.10 each was announced by the Board of Directors in its meeting held on 11th February 2022. With this, PFC has Till now paid interim dividend amounting to Rs 2,838 crore to its shareholders for the financial year 2021-22 at 107.5% i.e. face value of Rs 10.75 per equity share, which is the highest ever dividend paid by PFC ”