Ircon Dividend 2024: Railway PSU to announce Q4 results, dividend expected - Check details

Ircon Dividend 2024, Ircon Q4 Results: Stock markets NSE and BSE are closed today due to the fifth phase of the Lok Sabha elections 2024. According to the Bombay Stock Exchange (BSE) trading holiday calendar, all the segments of the markets, including SLB and derivatives, will remain as Mumbai is one of the regions participating in the elections. The trading will resume on Tuesday and several companies are scheduled to announce their quarterly results. One of them is Ircon International Ltd. According to the information available, the meeting of the board of directors is scheduled for May 21. 

"A meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 21st May 2024 to, inter-alia, consider & approve the Audited Financial Results (Standalone & Consolidated) for the quarter and year ended on 31st March 2024," the company said in an exchange filing.

Ircon Dividend 2024

The railway PSU is also expected to announce the final dividend on the day. If declared, it is expected to be the final dividend of the company for the financial year 2024. "To recommend a final dividend, if any, for the financial year 2023-24, subject to the approval of shareholders," the company said.

Ircon Dividend History

Earlier, the company announced an interim dividend of RS 1.80 in February this year. The company had paid a final dividend of Rs 1.20 in 2023. Here's the list of dividends announced by the company.

Ircon Share Price NSE, BSE  

The market was open for a special trading session on Saturday and the shares of Ircon International had closed at Rs 273.55. The PSU is one of the multibagger stocks and has given a positive return of over 105 per cent in six months and 193 per cent in one year.

Ircon International, which has a market cap of Rs 25,727.81 crore, is a PSU that performs under the administration of the Ministry of Railway.