Shares of Indian Railway Finance Corporation (IRFC) traded higher in early exchange on Monday as buyers awaited the board’s choice on a second meantime dividend for FY25. At 10:18 am, IRFC shares have been up 0.42% at Rs 118.20 at the Bombay Stock Exchange (BSE). The company’s board will meet today, March 17, to decide IRFC dividend date 2025.
“A assembly of the Board of Directors scheduled for Monday, 17 March 2025, to don’t forget announcement of Second Interim Dividend for FY24-25,” IRFC said in a law filing on March 10.
IRFC dividend date 2025: 21 March , 2025
IRFC has already declared March 21, as the report date for the dividend. This way that shareholders who maintain IRFC shares as of this date could be eligible for the payout, issue to approval by the board.
Under the T+1 agreement cycle, the ex-date and record date fall at the same day. Investors seeking to acquire the dividend will want to ensure they personal IRFC shares via the ex-date. It may be mentioned that IRFC dividend date 2025 and shares struggled in latest months. Moreover, the stock is down 3% in the final one month and has fall 22% in 2025 thus far. Over the beyond six months, IRFC has dropped 27%.
However, long-term investors have visible robust gains. IRFC has delivered a multibagger go back of 330% over the past years, making it one of the standout railway shares in the market.
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