IRFC dividend 2023: Shares set to trade ex-date on September 15 — check out record and payout dates

IRFC dividend 2023 record date: Shares of Indian Railway Finance Corp (IRFC) are set to trade ex-dividend on September 15, Friday. The board of IRFC has recommended a dividend of Rs 0.7 per equity share with a face value of Rs 10, which is subject to the approval of the shareholders at the ensuing annual general meeting (AGM).

IRFC dividend 2023 record date

The company has fixed September 15, Friday, as the "record date" for the purpose of determining the members entitled to receive the final dividend for the financial year 2022–23. Besides, the company has also fixed September 15, Friday, as the cut-off date for determining the eligibility of shareholders for remote e-voting or voting during the general meeting.

IRFC dividend payout date: 2023

If declared at the AGM, the final dividend will be paid within a period of 30 days from the conclusion of the AGM.

When is the AGM?

As per the company's communiqué, the 36th AGM of IRFC will be held on Friday, September 22, at 3 pm through video conferencing or other audio-visual means.

IRFC dividend history

During FY 2022–23, the total dividend for the financial year 2022–23 would amount to Rs 1.50 per equity share of Rs 10 each.

Source: NSE

IRFC share price NSE

IRFC shares dipped as much as nearly 9 per cent in Wednesday's session to touch a day's low of Rs 75.4 on the NSE. The counter ended at 4.89 per cent lower at Rs 78.75 in the afternoon deal.

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