After its recent board meeting, Power Finance Corporation announced its fourth interim dividend for the financial year 2025–26. This news created a lot of discussion in the stock market.
The decision was taken on March 17. Along with this, the company also shared important details like the record date and payment timeline.
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Dividend Details
The company has announced a dividend of ₹3.25 per equity share. This is equal to about 32.50% of the face value of ₹10.
This means investors will receive dividend money based on how many shares they own. However, TDS (Tax Deducted at Source) will be applied, so the final amount received may be slightly lower.
Record Date Explained
The record date for this dividend is March 23, 2026.
Only those investors whose names are listed as shareholders in the company’s records by this date will be eligible to receive the dividend.
When Will You Get the Money?
According to the company, eligible shareholders will receive the dividend amount by April 16, 2026.
This means investors won’t have to wait long after the record date, as the payment will be made within the given timeline.
Stock Market Performance
The company’s shares performed well during Wednesday’s trading session on the Bombay Stock Exchange.
Closing price: ₹431.95
Increase: ₹14.15 (3.39%)
Intraday high: ₹434.90