Railway -linked government company IRCTC can bring big news for its investors on 11 February 2025. The company will present the quarterly results of October-December 2024 (Q3Fy25) on this day. In addition, the board will also decide on the second interim dividend (if any). That is, this day is going to be very important for investors!
Results will come after the market is closed
In the information given to the stock market, IRCTC said that the company’s board of directors will meet on February 11, which will approve standalone and consolidated financial results. The IRCTC usually declares its quarterly results after the market is closed (after 3:30 pm).
What will you get dividend?
The big news for investors is that IRCTC may announce the second interim dividend of FY25 in this meeting. Earlier, the company gave a dividend of ₹ 4 per share.
How long to buy shares to get dividend?
If you also want to take a potential dividend of IRCTC, note that the company has set a record date on 20 February 2025. That is, if you have shares of IRCTC till this date, then you will get the benefit of dividend.
IRCTC’s dividend track record
IRCTC has been giving dividends from time to time to investors.
FY24 was given a dividend of ₹ 6.5 per share.
FY23 was declared a dividend of ₹ 5.5 per share.
Since 2020, the company has given dividend 10 times.
How was the shares move?
On Wednesday, IRCTC shares climbed 1.58% to close at ₹ 762.20. However, the stock has fallen by 1% in the last one week, and in the last two months it has declined by more than 2%. The 52-whee high of the stock has been ₹ 1,148.30 and low ₹ 736.25.