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Indian Railway Finance Corporation Ltd Dividend - Payout, Yield & Future Updates
Indian Railway Finance Corporation Ltd
NSE: IRFC
Dividend Payout (Interim 2)
Indian Railway Finance Corporation Ltd Dividend - History
- a1#Indian Railway Finance Corporation Ltd dividend yield is 0.64%a1#Indian Railway Finance Corporation Ltd has declared 6 dividends since 2022a1#In the past 12 months, Indian Railway Finance Corporation Ltd has given a dividend of ₹3.00 per sharea1#The Latest Trading Price of Indian Railway Finance Corporation Ltd is ₹ 125 as of 05 May 15:30 a1#.
Historical Dividend Payouts of Indian Railway Finance Corporation Ltd
| Fiscal Year | Type Of Dividend | Dividend Payout (₹) | Record date | Ex Dividend Date |
|---|
2024-25 | Interim | 1 | 21-Mar-25 | 21-Mar-25 |
2024-25 | Interim | 1 | 12-Nov-24 | 12-Nov-24 |
2023-24 | Final | 1 | 22-Aug-24 | 22-Aug-24 |
2023-24 | Interim | 1 | 10-Nov-23 | 10-Nov-23 |
2022-23 | Final | 1 | 15-Sep-23 | 15-Sep-23 |
2022-23 | Interim | 1 | 18-Nov-22 | 17-Nov-22 |
| Fiscal Year |  Dividend Payout (₹) |
|---|---|
| 2024-25 | 1 |
| 2024-25 | 1 |
| 2023-24 | 1 |
| 2023-24 | 1 |
| 2022-23 | 1 |
| 2022-23 | 1 |
Overview of Dividend
Types of Dividend
Special Dividend
A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.
Preferred Dividend
A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.
Interim Dividend
Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.
Final Dividend
A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:
Dividend Yield Comparison With Top Peers
NSE: IRFC
Company Fundamentals for Indian Railway Finance Corporation Ltd
Dividend Payout Over Time
Net Profit Vs Dividend Per Share
SWOT Analysis Of Indian Railway Finance Corporation Ltd
BlinkX Score for Indian Railway Finance Corporation Ltd
Historical Market Cap of Indian Railway Finance Corporation Ltd
Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore
Historical Market Cap of Indian Railway Finance Corporation Ltd
Market Cap
Historical Revenue, EBITDA and Net Profit of Indian Railway Finance Corporation Ltd
Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services.\r\r\n\r\r\nTypes of Revenue:\r\r\n\r\r\n1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered.\r\r\n\r\r\n2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees.\r\r\n\r\r\nFormula for Revenue:\r\r\n\r\r\nThe formula for calculating revenue is based on two goods & services:\r\r\n\r\r\nFor goods:\r\r\nRevenue = Avg unit price x Number of Units sold\r\r\n\r\r\nFor services:\r\r\nRevenue = Avg unit price x Number of Customers served.PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions.\r\r\n\r\r\nNet Profit formula is expressed as:\r\r\n\r\r\nNet Profit = Total Revenue - Total Expense\r\r\n\r\r\nNet Profit Margin Ratio:\r\r\n\r\r\nNet Profit Margin Ratio = Net Profit / Total Revenue
Historical Revenue, EBITDA and Net Profit of Indian Railway Finance Corporation Ltd
Revenue
EBITDA
Net Profit
Indian Railway Finance Corporation Ltd News Hub
IRFC gains as PAT climbs to Rs 1,576 crore in Q1 FY25
Total revenue from operations rose by 1.37% year on year (YoY) to Rs 6,765.63 crore in the quarter e
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13 Aug 24
Benchmarks turn rangebound; Consumer durables shares jump for 3rd day
The domestic equity indices traded with limited losses in mid-morning trade. The Nifty traded below
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13 Aug 24
Indian Railway Finance Corporation standalone net profit rises 1.30% in the June 2024 quarter
Net profit of Indian Railway Finance Corporation rose 1.30% to Rs 1576.83 crore in the quarter ended
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13 Aug 24
Indian Railway Finance Corp. to hold board meeting
Indian Railway Finance Corp. will hold a meeting of the Board of Directors of the Company on 12 Augu
Read more
07 Aug 24
About Indian Railway Finance Corporation Ltd
About Indian Railway Finance Corporation Ltd
Indian Railway Finance Corporation Limited was incorporated as a Public Limited Company on December 12, 1986.
Indian Railway Finance Corporation Ltd. (IRFC) is a public sector financial company under the Ministry of Railways, Government of India. Established in 1986, it primarily raises funds for developing Indian Railways by issuing bonds and other financial instruments.
IRFC plays a key role in financing the procurement of rolling stock, locomotives, and other infrastructure projects for Indian Railways. The company helps ensure the growth and modernization of India's railway network. It is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Financial Parameters that shall be considered while declaring IRFC dividend
When declaring a dividend for IRFC (Indian Railway Finance Corporation), the following financial parameters are typically considered:
Profitability: The Company needs to ensure it has earned enough profit during the financial year to pay dividends. This includes net income and revenue growth.
Cash Flow: Sufficient cash reserves and positive cash flow are crucial. IRFC must have enough liquidity to distribute dividends without affecting its day-to-day operations. The company assesses its cash position about its IRFC share dividend history to maintain a stable payout trend
Retained Earnings: The company checks if there are sufficient retained earnings from previous years, ensuring the dividend doesn't deplete essential reserves needed for future growth and investments. Looking at the IRFC share dividend patterns helps ensure that the company can maintain a healthy balance between rewarding shareholders and preserving capital for future needs
Debt Levels: The Company evaluates its current debt obligations. Higher debt may limit the ability to pay dividends to ensure that debt repayments are prioritized. This is particularly important when assessing the sustainability of IRFC’s dividend policy over time, as reflected in the IRFC dividend history.
Regulatory Requirements: IRFC must adhere to guidelines set by the Ministry of Railways or the government, ensuring the dividend declaration aligns with government policy. This ensures that the declared dividends are in line with the regulatory framework, which can also influence the IRFC share dividend strategy.
Future Investment Needs: If there are upcoming large investments, infrastructure projects, or expansion plans, IRFC might retain earnings instead of declaring a large dividend to support these objectives. The IRFC share dividend history provides insight into how the company has balanced dividend payouts with its long-term strategic goals.
Internal and External factors that shall be considered for the declaration of IRFC dividend
| Internal Factors | External Factors |
| The company must ensure it has adequate profits to distribute as dividends, considering net income and retained earnings. | Broader economic conditions and stock market performance may impact investor expectations and the company’s ability to raise funds if necessary. |
| Sufficient cash flow is required to pay dividends. If cash reserves are low, dividends may not be sustainable. | Compliance with guidelines set by financial regulators (such as SEBI or RBI) can affect the dividend payout policies. |
| The need for reinvestment in business operations and future projects may influence the decision to retain profits rather than distribute them. | Shareholder expectations regarding regular dividend payouts can influence the company’s decision to maintain a stable or increasing dividend policy. |
IRFC Dividend Distribution Policy
The IRFC Dividend Distribution Policy outlines how the company distributes its profits to shareholders.
Dividend Declaration Criteria: IRFC aims to distribute dividends to its shareholders in a manner that balances the interests of stakeholders and the financial stability of the company.
Payment Ratio: The Company generally targets a payout ratio that ensures sufficient retained earnings for future investments. The payout is aligned with the regulatory requirements, financial condition, and growth business objectives of IRFC.
Regulatory Compliance: IRFC follows the guidelines set by the Securities and Exchange Board of India (SEBI) and other relevant regulatory authorities.
Priority to Debt Servicing: IRFC ensures that its debt servicing obligations are met before considering the payment of dividends.
Board Discretion: The decision to declare the quantum of dividends is at the discretion of the Board of Directors, taking into account factors such as working capital requirements, financial performance, and market conditions.
Dividend Frequency: IRFC pays interim or final dividends annually. The exact timing and frequency depend on the company’s annual performance, with the final dividend being declared after the AGM.
Conclusion
IRFC’s approach to dividends is carefully shaped by a combination of profitability, cash flow, debt levels, retained earnings, regulatory considerations, and future investment needs, all of which influence the company’s IRFC dividend history and IRFC share dividend decisions.
FAQs for Dividends of Indian Railway Finance Corporation Ltd
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