IRFC will declare the 2nd intermediate dividend today. Check all key details

The stocks of the Indian Railway Finance Corporation (IRFC) were traded higher on Monday in early trade when investors expected the board of directors to decide on a second interim dividend for fiscal year25. At 10:18 a.m., the IRFC shares on the Bombay Stock Exchange (BSE) rup to 118.20 rupees.

The company's board will meet today, March 17, to decide on the dividend distribution.

“A meeting of the Board of Directors is planned for Monday, March 17, 2025, to examine the declaration of the second preliminary dividend for the GJ 24-25,” said IRFC on March 10 in a regulatory registration.

IRFC already determined the dividend on March 21, 2025. This means that shareholders who own IRFC stocks from this date are entitled to pay for the payment, subject to approval by the board.

As part of the T+1 settlement cycle, the ex-date and the data set date on the same day. Investors who want to receive the dividend must ensure that they have IRFC shares according to the ex-date.

It can be noted that IRFC shares have to struggle in the past few months. The share dropped by 3% last month and has so far dropped by 22% in 2025. IRFC has dropped by 27%in the past six months.

However, long -term investors have recorded strong profits. IRFC has achieved a multic excavator return of 330% in the past two years, making it one of the outstanding railway shares on the market.

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