In this article, we will talk about the dividend stock. Tourism Corporation or IRCTC and Indian Railway Catering share cost will be under scrutiny by Indian stock market observers and investors during Friday deals because the Indian Railways’s PSU stock has been trading ex-dividend today. A stock market, equity market, or share market is the aggregation of buyers and sellers of stock, which represent ownership claims on business, these may include protection listed on a public stock. Here we have more information about the news and we will share it with you in this article, so let’s continue the article.
The directors’ board of the firm has announced ₹2.50 each share temporary dividend for the financial year 2023-24. The dividend stock also selected 17th November 2023 as the record date for the finalisation of qualified shareholders for temporary dividend income. You are on one of the correct pages for getting more information about the news, so please read the complete article.
IRCTC dividend
Indian stock market exchanges about the interim dividend, IRCTC stated, ” The Board of Directors of the Firm at its 132″ meeting had on Tuesday, 7 November 2023 has inter alia; a) Announced an Interim Dividend of Rs.2.50/- each share on Equity Shares of face weight of Rs.2/- each for the FY 2023-24. B) Fixed Friday, 17 November 2023 as the Record Date for payment of Interim Dividend of the FY 2023-24.
IRCTC dividend history
Now fans must want to know about IRCTC’s dividend history. This is the third event when IRCTC has been trading ex-divided in 2023. Before this. IRCTC traded ex-dividend on 18th August 2023 to finalising list of eligible IRCTC traded shareholders for the cost of ₹2 per share which was split for the financial year 2022-2023. Scroll down to the next page for more information about the news.
On 22nd February 2023, IRCTC shares traded ex-divided for the first time for the cost of ₹3.50 per share interim dividend of its qualified shareholders. IRCTC has announced a total dividend of ₹8 per share ( ₹3.50 + ₹2.00 + ₹2.50). At the end of December 2022, IRCTC’s share cost was around ₹635 per share level. So, IRCTC dividend returns in 2023 is 1.25 per cent. IRCTC said a rise of 30.4% in net profit at ₹294.7 crore, compared to ₹226 crore in the related period the previous year. Here we have shared all the information which we had if we get any information then we will update you as soon as possible. Stay tuned to us for more updates.