PFC pays ₹2,033 cr interim dividend to Centre for FY24

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New Delhi: State-run Power Finance Corp. Ltd (PFC) has so far paid an interim dividend of 2,033 crore for FY24..

A company statement said that on Wednesday it paid 554 crore to the government as the third interim dividend on equity shares held by the Union government for the recently ended fiscal..

This is in addition to 832 crore and 647 crore paid as first and second interim dividend, respectively, to the government..

The third interim dividend at 30% 3 per equity share of face value 10 eachwas declared by the board of directors in its meeting held on 11 March 2024..

With this, PFC has so far paid interim dividends amounting to 3,630 crore to its shareholders @110% i.e. 11 per equity share of the face value of 10 each for the financial year 2023-24, which is the highest ever interim dividend paid by PFC," the statement said..

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