IRCTC shares trade ex-dividend today; stock settles in red

IRCTC dividend 2023 record date, IRCTC share price NSE: Shares of Indian Railway Catering and Tourism Corporation Limited (NSE: IRCTC) traded ex-dividend today, August 18. IRCTC, which is a wholly-owned subsidiary of the Indian Railways under the Ministry of Railways, had recommended a final dividend of Rs 2 per equity share with a face value of Rs 2 each for the financial year 2022–23. IRCTC shares opened at Rs 647.5 and gained as much as over one per cent to touch the day's high of Rs  656.9 from the previous close of Rs 649.1 on NSE. However, IRCTC shares finished down 0.71 per cent at Rs 642.5 apiece on NSE.

IRCTC dividend 2023 record date

As per the IRCTC's communiqué, the company has also fixed August 18, Friday, as the record date for the purpose of determining the members' entitlement to receive the final dividend.

IRCTC dividend payout date: 2023

If declared at the AGM, the dividend will be paid within a period of thirty days from the conclusion of the AGM.

IRCTC dividend history 

Source: NSE

IRCTC share price history 

IRCTC's stock has given a negative return of over 8 per cent in the last 12 months (from August 18, 2022). In comparison, the headline index Nifty 50 has rallied over 7 per cent. The counter has a market capitalisation of Rs 52,36,400 lakh as per data available on NSE.

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