IRCTC Dividend 2024: Company may recommend dividend soon - Check full details

IRCTC Dividend 2024: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has informed exchanges that its board will meet on May 28 to recommend a final dividend for the fiscal year 2023-24. According to the information available, the company will also announce its financial results for the fourth quarter of financial year 2024.

“…it is hereby informed that 137th meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, May 28, 2024 to inter alia: 1. Consider and approve the Audited (Standalone & Consolidated) Financial Results of the Company for the quarter and year ended on March 31, 2024 after the same are reviewed by Audit Committee…,” the company said in an exchange filing. 

IRCTC Dividend History

Earlier, the company had announced a dividend of Rs 2.50 in November 2023. Here's the dividend history of IRCTC.

IRCTC Share Price

Meanwhile, shares of IRCTC were down by 1.14 per cent and closed at Rs 1108.95 on the BSE on Friday against the previous close of Rs 1121.70. Earlier, the stock opened at Rs 1122.70. It hit an intraday high of Rs 1124.65 and a low of Rs 1107, respectively, during the day. The stock of IRCTC, which has a market cap of Rs 88,716, has a 52-week high price of Rs 1,148.30 and a low of Rs 614.45.

The shares of the company have given a multibagger return of 194 per cent in three years. The counter has delivered a positive return of Rs 70 per cent in two years and 79 per cent in one year.