Power Finance Corporation Limited (PFC) has declared an interim dividend of ₹3.90 per equity share, representing 39% of the face value of ₹10. This dividend is for the financial year 2026-27 and will be paid on or before September 6, 2026. The record date for ascertaining shareholder eligibility has been set for August 27, 2026.
PFC Announces Interim Dividend
In a significant announcement for its shareholders, Power Finance Corporation Limited (PFC) has declared a first interim dividend of ₹3.90 per equity share. This dividend, equivalent to 39% on the paid-up equity share capital of ₹10 per share, is for the financial year 2026-27. The decision was made during a Board of Directors meeting held on August 7, 2026.
Dividend Payment Details
The payment of this interim dividend is scheduled to be made on or before September 6, 2026. To determine the eligibility of shareholders for this dividend, August 27, 2026, has been fixed as the ‘Record Date’. This interim dividend declaration reflects PFC’s strong financial performance and commitment to returning value to its shareholders.
Tax Implications
As per the Income Tax Act, dividend income is taxable in the hands of shareholders. PFC is mandated to deduct tax at source (TDS) at the prescribed rates. Shareholders wishing to have tax deducted at lower rates or not at all, as per the Income Tax Act, must submit the necessary documents via a specified link before August 27, 2026.
Source: BSE
