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Power Finance Corporation (PFC) will declare its 4th interim dividend for FY 2024-25 on March 12, 2025. The board will also consider a fund-raising proposal. PFC has an annual dividend yield of 3.18%.
PFC to announce 4th interim dividend on March 12.
Power Finance Corporation Interim Dividend 2025: Power Finance Corporation (PFC) is all set to declare the 4th interim dividend for the financial year ending March 31, 2025. In the filing, the PSU informed the board meeting to be held on March 12, 2025 to consider the fund raising proposal and declaration of 4th interim dividend for FY2024-25.
“…it is informed that a meeting of the Board of Directors of Power Finance Corporation Limited (PFC) will be held on Wednesday, March 12, 2025, inter-alia to consider the following proposals:
1. Raising of resources i.e. Market Borrowing program for the Financial Year 2025-2026 through issuance of bonds, term loans, Commercial Paper etc. from domestic & international markets.
2. Declaration of 4th Interim Dividend, if any, for FY 2024-25,” the company said in the filing.
PFC shares ended at Rs 401.25 apiece last week with a fall of -1.06 per cent.
Power Finance Corporation (PFC) Dividend History
Earlier, PFC announced interim dividends for three times. The first interim dividend was of Rs 3.25 per equity share with ex-date falling on August 30, 2024. The second and third interim dividends were of Rs 3.50 each with ex-dates falling on November 11, 2024 and February 28, 2025, respectively.
Power Finance Corporation (PFC) Dividend Yield
Power Finance Corporation has an annual dividend yield of 3.18 per cent.
Power Finance Corporation (PFC) Q3FY25 Results
Power Finance Corporation (PFC) reported a consolidated net profit of Rs 5,829 crore for the December quarter, marking a significant 23% increase compared to Rs 4,727 crore in the same period last year. This growth was driven by a 14% rise in total revenue from operations, which reached Rs 26,798 crore in Q3FY25, up from Rs 23,571 crore in the corresponding quarter of the previous financial year.
About PFC
Incorporated on July 16th, 1986, Power Finance Corporation Ltd. is a Schedule-A Maharatna CPSE, and is a leading Non-Banking Financial Corporation in the Country. PFC’s registered office is located at New Delhi and regional offices are located at Mumbai and Chennai.
