PFC Dividend 2025: Power Stock to declare 4th dividend on March 12, shares in focus

Power Finance Corporation Interim Dividend 2025: Power Finance Corporation (PFC) is preparing to declare the 4th interim dividend for the financial year ending March 31, 2025. According to a recent filing, the company's Board of Directors will hold a meeting on March 12, 2025, to discuss a funding proposal and the declaration of the 4th interim dividend for FY 2024-25.

The filing states that during this meeting, the Board will 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.

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Dividend History:

Power Finance Corporation (PFC) recently announced three interim dividends. The first interim dividend is Rs 3.25 per equity share, with an ex-dividend date of August 30, 2024. The second and third interim dividends are each Rs 3.50, with ex-dividend dates on November 11, 2024, and February 28, 2025, respectively. PFC also has an annual dividend yield of 3.18%.

Financial Performance for Q3FY25:

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.

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Shares of the company are trading lower by 0.31% at Rs 399.85, with a dividend yield of 3.19%.

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