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IRFC

Indian Railway Finance Corporation Ltd

₹75.10

Indian Railway Finance Corporation Ltd Dividend 2023 : 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 ₹98,183.69Cr. Its share price is ₹75.10 as on 25 September,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Railway Finance Corporation Ltd gave ₹1.50 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 2023, Indian Railway Finance Corporation Ltd has declared dividend of ₹0.70 - translating a dividend yield of 2%.

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 ₹6,681.03Cr in the quarter ending June 2023. The revenue grew by 18.72% year on year basis since last quarter.
  • Indian Railway Finance Corporation Ltd’s profits were ₹1,556.57Cr in the quarter ending June 2023. The profits fell by -6.32% year on year basis since last quarter.
  • Indian Railway Finance Corporation Ltd’s dividend was ₹0.70 in the quarter ending March 2023.

Indian Railway Finance Corporation Ltd Dividend related ratios:

  • Last dividend date: 25/05/2023
  • Current Dividend Yield: 2%
  • Annual dividend payment: ₹1.50

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
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
17/02/2021
CASH
₹1.05
13/02/2021
20/02/2021

FAQs

Indian Railway Finance Corporation Ltd current market price is ₹75.10 per share

Indian Railway Finance Corporation Ltd has declared dividend worth ₹1.50 in the last year.

Indian Railway Finance Corporation Ltd has declared dividend worth ₹0.70 in the latest quarter.

Indian Railway Finance Corporation Ltd has declared dividend on 25/05/2023 of ₹0.70.

Indian Railway Finance Corporation Ltd has declared dividend 1 times of ₹0.70 in the current financial year (FY2023-2024)

Indian Railway Finance Corporation Ltd has declared dividend 2 times of ₹1.43 in the previous financial year (FY2022-2023)