PFC declares Rs 8.8/share dividend; govt to gain Rs 787.53cr

Psu Connect Date:

New Delhi . Power Finance Corporation today declared an interim dividend of Rs 8.80 per share for 2015-16, which will fetch Rs 787.53 crore to the government.

Power Finance Corp in a filing to the BSE said that its board at its meeting held on December 16, 2015, "declared and approved the payment of interim dividend @ Rs 8.80 per equity share on the face value of the paid-up equity shares of Rs 10 each for the Financial Year 2015-16".

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