Synopsis: Power Finance Corporation Limited (PFC) has announced its fourth interim dividend of ₹3.25 per equity share for the financial year 2025-26. This move, approved by the Board on March 17, 2026, reinforces the Maharatna PSU’s track record of consistent shareholder rewards and highlights its robust cash flow generation within the power financing sector.
Power Finance Corporation Limited (BSE: 532810), a leading state-owned non-banking financial company (NBFC), notified the exchanges on March 17, 2026, regarding the declaration of its fourth interim dividend for the current fiscal year. The Board has approved a payout of ₹3.25 per equity share on the face value of ₹10 each.
Consistent Shareholder Returns
This latest distribution follows a series of interim dividends declared throughout FY 2025-26, reflecting PFC’s policy of sharing profits with investors at regular intervals. The dividend is subject to the deduction of Tax Deducted at Source (TDS) as per the prevailing Income Tax Act provisions.
Key Financial Details
- Dividend Amount: ₹3.25 per equity share.
- Face Value: ₹10 per share.
- Approval Date: March 17, 2026.
- Taxation: Subject to TDS based on the shareholder’s residential status and applicable tax slabs.
Strengthening Investor Confidence
The declaration of a fourth interim dividend is a strong indicator of PFC’s liquidity position and earnings stability. As a critical lender to India’s power infrastructure, the company’s ability to maintain high payout ratios—even while navigating large-scale sectoral lending—signals management’s confidence in its asset quality and recovery cycles.
Compared to the previous year’s fourth interim dividend of ₹3.20, this year’s ₹3.25 payout represents a marginal but positive uptick, aligning with the company’s growth in interest income and disbursements.
What Should Shareholders Do?
To be eligible for this payout, investors must hold the shares in their demat accounts as of the Record Date (to be announced shortly). Typically, dividends are credited to the bank accounts linked to the demat accounts within 30 days of the declaration.
About Power Finance Corporation Ltd: PFC is a Schedule-A Maharatna CPSE and a premier financial institution dedicated to the power sector in India. It provides a wide range of financial products and services including project term loans, equipment lease financing, and consultancy services. The company plays a pivotal role in government initiatives such as the Revamped Distribution Sector Scheme (RDSS) and the Liquidity Infusion Scheme for DISCOMs.
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