IRCTC dividend payout date 2022 | IRCTC dividend payout date , IRCTC dividend

By | September 11, 2022

IRCTC dividend payout date 2022 | IRCTC dividend payout date , IRCTC dividend


Stocks in focus: The Indian Railway Catering and Tourism Corporation or IRCTC shares are going to trade ex-dividend today as the Indian Railways’ PSU has fixed 19th August 2022 as record date to finalise eligible shareholders for final dividend payment.

 

When did IRCTC give dividend?

It means that IRCTC will pay dividends to its investors who have IRCTC share(s) in their Demat account on August 19. A dividend is one of the corporate actions. IRCTC posted a 196 per cent surge in its net profit, at Rs 246 crore, for the quarter ending June 30, 2022-23 (Q1 FY23).

Is IRCTC going to give dividend?

IRCTC has announced to pay a final dividend of Rs 1.50 per share for the financial year 2021-22. IRCTC share dividend translated into 75 per cent of the paid-up equity share capital of the company. The face value of IRCTC shares is Rs 2. The dividend is subject to approval during the Annual General Meeting (AGM)

IRCTC – Indian Railway Catering & Tourism Corp Ltd.

For the year ending March 2022 IRCTC – Indian Railway Catering & Tourism Corp has declared an equity dividend of 175.00% amounting to Rs 3.5 per share. At the current share price of Rs 718.65 this results in a dividend yield of 0.49%.

 

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