Power Finance Corporation Ltd Declares Final Dividend of Rs 2

Power Finance Corporation Ltd Declares Final Dividend of Rs 2

The Board of Directors of Power Finance Corporation Ltd (PFC) at its meeting held on 15 June 2021, has declared Final Dividend of Rs 2 per equity share. The Board Meeting commenced at 11.30 A.M. and concluded at 1.15 P.M.

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Power Finance Corporation Ltd Q4 Result

The company reported 12.08% yoy rise in consolidated net revenues for the Mar-21 quarter at Rs 18,149 cr. Net sales revenues were down -1.55% compared to total revenues in the Dec-20 quarter at Rs 18,435 cr. Full year revenues for FY21 were 15.2% higher at Rs 71,656 cr.

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Power Finance Corporation Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 2 July 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.

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 2021.

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dividends9 telegram

Above all, here is the copy of statement, the company has sent to the exchanges:

We would like to inform you that, the Board of Directors of PFC Ltd. in its meeting held today i.e. on June 15, 2021 has recommended final dividend @ Rs. 2 (Rs Two Only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares Rs. 10/- per share for the FY 2020-21.

Important Dates

  • Company – Power Finance Corporation Ltd
  • Script Name – PFC (NSE) and 532810 (BSE)
  • Dividend Amount – 2 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 1 July 2021
  • Record Date – 2 July 2021
  • Payment Date – N/A

Also, you can find more information about Power Finance Corporation Ltd on National Stock Exchange and Moneycontrol – PFC Ltd was set up as a financial institution dedicated to power sector financing and committed to the integrated development of the power and associated sectors.

 

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