PFC Share Price in Focus Ahead of the Fourth Interim Dividend Announcement

Power Finance Corporation (PFC) shares gained over 1% on Wednesday as the company’s board is set to decide on a fourth interim dividend for FY25 and a fundraising plan. PFC stock rose 1.1% to ₹404 on the BSE.

Board Meeting for Dividend and Fundraising

The Maharatna PSU Power Finance Corporation announced that its board will meet on March 12, 2025, to consider the following:

1. Fundraising Plans – Raising funds for FY26 through bonds, term loans, and commercial papers in domestic and international markets.
2. Fourth Interim Dividend – Declaring an interim dividend for FY25.

PFC’s Dividend History

PFC has declared multiple dividends in FY25:

• Last Dividend – ₹3.50 per share (35% of the ₹10 face value) with a record date of February 28, 2025.
• Total FY25 Dividends – ₹12.75 per share.
• Previous Interim Dividends:
  • ₹3.50 per share on November 25, 2024.
  • ₹3.25 per share on August 30, 2024.
• Final Dividend for FY24 – ₹2.50 per share announced on July 26, 2024.

PFC’s dividend yield stands at approximately 3.45%.

PFC Stock Performance

Power Finance Corporation share price stands at ₹391.40 as of March 12, 2025, with a 52-week high of ₹580.00 and a low of ₹351.70. Over the past month, the stock has gained 4.96%, but it has declined by 22.50% in the last 6 months and 8.47% over the past year. However, in the long term, PFC has delivered strong returns, rising by 379.14% over the past 5 years.

Conclusion

Despite recent declines, PFC has delivered strong long-term returns. The upcoming dividend announcement and fundraising plans may drive future stock movement.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.