IRFC
Indian Railway Finance Corporation Ltd
₹149.12
Indian Railway Finance Corporation Ltd Dividend 2024 : Should Indian Railway Finance Corporation Ltd be a part of your dividend portfolio?
Indian Railway Finance Corporation Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,96,942.39Cr. Its share price is ₹149.12 as on 18 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Railway Finance Corporation Ltd gave ₹2.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Indian Railway Finance Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Indian Railway Finance Corporation Ltd has declared dividend of ₹0.70 - translating a dividend yield of 1.48%.
Let's look at Indian Railway Finance Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Indian Railway Finance Corporation Ltd’s revenue were ₹6,766.02Cr in the quarter ending June 2024. The revenue grew by 1.27% year on year basis since last quarter.
- Indian Railway Finance Corporation Ltd’s profits were ₹1,576.83Cr in the quarter ending June 2024. The profits grew by 1.3% year on year basis since last quarter.
- Indian Railway Finance Corporation Ltd’s dividend was ₹0.70 in the quarter ending March 2024.
Indian Railway Finance Corporation Ltd Dividend related ratios:
- Last dividend date: 20/05/2024
- Current Dividend Yield: 1.48%
- Annual dividend payment: ₹2.20
History of Indian Railway Finance Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/08/2024 | CASH | ₹0.70 | 20/05/2024 | 22/08/2024 |
10/11/2023 | CASH | ₹0.80 | 02/11/2023 | 10/11/2023 |
15/09/2023 | CASH | ₹0.70 | 25/05/2023 | 15/09/2023 |
17/11/2022 | CASH | ₹0.80 | 10/11/2022 | 18/11/2022 |
15/09/2022 | CASH | ₹0.63 | 20/05/2022 | 16/09/2022 |
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