PFC Dividend 2023: Check record date, payment date, dividend history and share price

PFC Dividend 2023, PFC Dividend news, PFC Dividend announcement 2023: Power Finance Corporation Limited, NSE: PFC, a public sector undertaking under the Ministry of Power, has announced paying dividend to its shareholders. The company while releasing its Q3 results on Monday, said that the board has approved third interim dividend for the current fiscal.

PFC Dividend Amount 2023

PFC in an exchange filing said that it will pay an interim dividend of Rs 3.50 for each share having a face value of Rs 10 each.

"Declaration of Third interim dividend @ Rs.3.50 (Rupees Three paisa fifty only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of 10/- each for the FY 2022-23," the company said in the filing.

PFC Dividend 2023 Record Date

PFC's board has also fixed the record date for determining the eligibility of shareholders for the payment of the dividend. PFC dividend record date 2023 is February 24.

"...it is to inform that Friday, 24th February, 2023 shall be reckoned as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for payment of Third Interim Dividend for the FY 2022-23,"the company added in the filing.

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PFC Dividend 2023 Payment Date

The dividend amount will be credited directly into the shareholders' bank account linked to their Demat account on the payment date. The payment date shall be March 14.

"The date of payment /dispatch of the aforesaid interim dividend shall be on or before 14th March, 2023, "the company said in the filing.

PFC Dividend History, Dividend Yield

PFC Share Price Target 2023

Zee Business panellist and market expert Rakesh Bansal recommended a buy on the counter above Rs 146.

PFC Share Price NSE

Shares of PFC are traded flat in afternoon session today, quoting Rs 140.80 apiece. The scrip has yielded a positive return of 17 per cent in the past 6 months. The stock's 52-week range is Rs 161.80 - Rs 97.10. At current market levels, PFC has a market cap of 37.41 thousand crore.

(Disclaimer: The advice given here to invest in stocks is given by the brokerage house. These are not the views of Zee Business. Before investing, consult your advisor.)

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