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IRFC
ce Corporation Limited (IRFC), the dedicated funding arm of Indian Railways and a Navratna public sector undertaking (PSU) under the Ministry of Railways, has announced its second interim dividend for the financial year 2025-26 (FY26). This move comes as a welcome reward for shareholders amid the company's ongoing role in supporting railway infrastructure development.
The Board of Directors, during its meeting held on March 9, 2026, approved the declaration of a second interim dividend of ₹1.05 per equity share (face value ₹10 each), equivalent to 10.5%. This follows the first interim dividend of the same amount declared earlier in the fiscal year. The total dividend payout for this announcement is estimated to be around ₹1,372 crore.
To determine eligible shareholders, IRFC has fixed Friday, March 13, 2026, as the record date. Shareholders whose names appear in the company's register of members (for physical shares) or as beneficial owners in depository records (for demat shares) at the close of business hours on this date will qualify for the dividend. The shares will trade ex-dividend on the same date, March 13, 2026.#WatchOutFor#StockInNews#HiddenGems
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