PFC pays second interim dividend of `369.57 crore to Government of India for the financial year 2021-22

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Power Finance Corporation, a Schedule - A Maharatna CPSE and India’s leading NBFC for the power sector has paid `369.57 crores to Government of India and `290.45 crores to other shareholders, totalling to `660.02 crore as second interim dividend for the financial year 2021-22 on December 10.

The second interim dividend @ 25 per cent, that is, `2.50 per equity share of face value `10 each was declared by the Board of Directors in its meeting held on November 11, 2021 and is in addition to the first interim dividend amounting to `332.61 crore paid to Govt of India and `261.4 crore to other shareholders totalling to `594.01 crore on September 10, 2021 @ 22.5 per cent i.e. ` 2.25 per equity share of face value `10 each for the financial year 2021-22.

With this PFC has so far paid interim dividend amounting to `1,254.03 crore to its shareholders @ 47.5 per cent i.e. `4.75 per equity share of face value `10 each for the financial year 2021-22.

Daily Pioneer
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