PFC pays Rs 2,033 crore interim dividend to Govt for FY24

Daily Current Affairs / PFC pays Rs 2,033 crore interim dividend to Govt for FY24

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Category : Business and economics Published on: April 06 2024

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Power Finance Corporation Ltd. (PFC) delivered a record interim dividend of Rs. 2,033 crores to the Government of India for the fiscal year 2023-24.
The total dividends paid by PFC for FY 2023-24 reached Rs. 3,630 crores, representing the highest-ever interim dividend by the corporation at 110% or Rs. 11 per share.
PFC distributed the interim dividend in three installments: the first interim dividend amounted to Rs. 832 crores, the second interim dividend was Rs. 647 crores, and the third interim dividend, the latest installment, totaled Rs. 554 crores.

PFC pays Rs 2,033 crore interim dividend to Govt for FY24