Power Finance Corporation recommends final dividend of Rs. 1.25

The Board of Directors of Power Finance Corporation Ltd. in its meeting held today i.e. on May 25, 2022 have recommended final dividend of Rs. 1.25/- (Rupee One and paisa twenty five only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs. 10/- per share for the FY 2021-22 subject to approval of shareholders in the ensuing Annual General Meeting. This is in addition to the interim dividends of Rs. 10.75/- per equity share (subject to deduction of TDS) for the FY 2021-22 already declared and paid during the year in three tranches. The final dividend, if declared, will be paid within the statutory period of 30 days from the date of approval at AGM. Further, the record date for the said final dividend, if declared at the AGM is Friday, June 10, 2022.

Shares of Power Finance Corporation Limited was last trading in BSE at Rs. 106.90 as compared to the previous close of Rs. 107.70. The total number of shares traded during the day was 248748 in over 2523 trades.

The stock hit an intraday high of Rs. 108.70 and intraday low of 106.70. The net turnover during the day was Rs. 26755174.00.

Source : Equity Bulls

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PowerFinanceCorporation INE134E01011 PFC FinalDividend FY2022