IDFC Ltd Declares Special Dividend of Rs 11 for Q3FY23

The Board of Directors of IDFC Ltd held its meeting on February 1, 2023. It has declared Special Dividend of Rs 11 per equity share for the third quarter of financial year 2022-23.

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IDFC Ltd CMP

The Current Market Price (CMP) or last traded price (LTP) of company was Rs 86.70 at the time of publishing this article. Its 52 weeks high was Rs 89.90 (on 01-Feb-2023) & 52 weeks low was Rs 42.20 (on 20-Jun-2022).

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IDFC Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 13 February 2023 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 13 February 2023.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2023.

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Important Dates

  • Company – IDFC Ltd
  • Script Name – IDFC (NSE) and 532659 (BSE)
  • Dividend Amount – 11 Rs Per Share
  • Dividend Type – Special
  • Ex-Dividend Date – 9 February 2023
  • Record Date – 13 February 2023
  • Payment Date – March 2023
  • Current Market Price – Rs 86.7
  • 52 Weeks High – Rs 89.90
  • 52 Weeks Low – Rs 42.20
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Also, you can find more information about IDFC Ltd on National Stock Exchange and Moneycontrol. IDFC Limited is India`s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. The company provides financial assistance to various segments such as power, roads, ports, telecommunications.

 

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