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IRFC

Indian Railway Finance Corporation Ltd

₹173.22

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 ₹2,29,613.65Cr. Its share price is ₹173.22 as on 21 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Railway Finance Corporation Ltd gave ₹2.30 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 September 2023, Indian Railway Finance Corporation Ltd has declared dividend of ₹0.80 - translating a dividend yield of 1.33%.

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 ₹6,477.99Cr in the quarter ending March 2024. The revenue grew by 3.98% year on year basis since last quarter.
  • Indian Railway Finance Corporation Ltd’s profits were ₹1,717.32Cr in the quarter ending March 2024. The profits grew by 33.62% year on year basis since last quarter.
  • Indian Railway Finance Corporation Ltd’s dividend was ₹0.80 in the quarter ending September 2023.

Indian Railway Finance Corporation Ltd Dividend related ratios:

  • Last dividend date: 02/11/2023
  • Current Dividend Yield: 1.33%
  • Annual dividend payment: ₹2.30

Indian Railway Finance Corporation Ltd Dividend v/s Indian Railway Finance Corporation Ltd Share price

History of Indian Railway Finance Corporation Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
10/11/2021
CASH
₹0.77
01/11/2021
11/11/2021
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FAQs

Indian Railway Finance Corporation Ltd current market price is ₹173.22 per share

Indian Railway Finance Corporation Ltd has declared dividend worth ₹0.80 in the last year.

Indian Railway Finance Corporation Ltd has declared dividend worth ₹0.80 in the latest quarter.

Indian Railway Finance Corporation Ltd has declared dividend on 02/11/2023 of ₹0.80.

Indian Railway Finance Corporation Ltd has declared dividend 2 times of ₹1.50 in the previous financial year (FY2023-2024)