Railway Dividend 2025: PSU stock declares interim dividend of Rs 1/share for FY25

In an exchange filing, the board of the state-owned railway PSU, Railtel Corporation of India Ltd., announced an interim dividend of Rs 1 per share for the fiscal year 2024–2025.

The record date for payment of the second interim dividend has been fixed as April 2, 2025. The date of payment of the dividend will be April 9, 2025.

According to the exchange filing, the Board of Directors has declared a 2nd interim dividend at the rate of 10% of paid-up share capital (Rs. 1/- per share). Further, the Board of Directors has also approved Wednesday, 02nd April 2025, as the "Record Date" for the purpose of payment of the 2nd interim dividend of FY 2024-25. The date of payment/dispatch of the dividend warrant shall be 9th April 2025.

In November of last year, RailTel announced an interim dividend of Rs 1 per share. On Wednesday, shares of RailTel Corporation of India Ltd. were trading 0.67% lower at Rs 291.10. The stock has declined by nearly 30% so far this year.

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