PSU Dividend Stock 2024: PFC shares trade ex-date today - Check Payment date and other details

PSU Dividend Stock 2024: Shares of state-owned Power Finance Corporation (PFC) are trading ex-date today i.e. August 30. 

PSU Dividend Stock 2024: The company has announced a dividend of 32.5 per cent or Rs 3.25 per equity share having a face value of Rs 10 for the financial year 2024-25.

PSU Dividend Stock 2024: The board of directors of the company said that the dividend amount will be paid on or before September 5, 2024.

PSU Dividend Stock 2024: The counter started the session in green and opened at Rs 557.90. It gained further to touch the intraday high of Rs 558.70 on the BSE. Last seen, it was trading at Rs 552.90.

Meanwhile, Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade on Friday and Nifty surged 105.7 points to a new record peak of 25,257.65.

PSU Dividend Stock 2024: According to the BSE Analytics, the counter has gained over 36 per cent so far this year. The scrip has given a multibagger return of over 147 per cent in one year and a 458 per cent return in two years.

PSU Dividend Stock 2024: The company paid a dividend of Rs 3.5 in February, Rs 3 in March, and Rs 2.50 in July.

PSU Dividend Stock 2024: The dividend yield of PFC Ltd is 2.27 per cent.