PFC board approves 2nd interim dividend of Rs 1.8/share

State-run Power Finance Corporation (PFC) today said its board has approved payment of second interim dividend of Rs 1.80 per equity share for this fiscal.
The board has "declared the payment of second interim dividend at the rate of Rs 1.80 per equity share on the face value of the paid-up equity shares of 10 each for the 2017-18", PFC said in a BSE filing today.
The record date of March 7, 2018 for the purpose of ascertaining the eligibility of the shareholders has already been intimated, it added.
The date of payment/dispatch of dividend shall be on or before March 27, 2018. The decision was taken in a board meeting held today, it said.

Earlier in November last year, the board had approved a proposal for payment of interim dividend at the rate of Rs 6 per equity share on the face value of the paid-up equity shares of 10 each for the FY 2017-18.
Shares of the company closed at Rs 110.55 per share up 2.65 per cent from the previous close at Bombay Stock Exchange.