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PFC pays second interim dividend of Rs 369.57 crore

New Delhi: Power Finance Corporation, a Schedule-A Maharatna Central Public Sector Enterprise (CPSE) and India’s leading non-banking finance company (NBFC) for the power sector has paid Rs 369.57 crore to the Government of India and Rs 290.45 crore to other shareholders, totalling to Rs 660.02 crore as the second interim dividend for the financial year 2021-22.

The second interim dividend at 25 per cent, that is Rs 2.50 per equity share of face value Rs 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 Rs 332.61 crore paid to the Government of India and Rs 261.4 crore to other shareholders, totalling to Rs 594.01 crore on  September 10, 2021 at 22.5 per cent, that is, Rs 2.25 per equity share of face value Rs 10 each for the financial year 2021-22.

With this, PFC has so far paid an interim dividend amounting to Rs 1254.03 crores to its shareholders at 47.5 per cent, that is, Rs 4.75 per equity share of face value Rs 10 each for the financial year 2021-22, said the company in a statement. /BI/