PFC and Shyamkamal Investments Turn Ex-Dividend Tomorrow; Today Is the Last Day to Qualify

Mumbai, November 25: The shares of Power Finance Corporation Ltd (PFC) and Shyamkamal Investments will trade ex-dividend tomorrow, on November 26. An ex-dividend date is the cut-off date before which investors must hold or buy the shares of a company to have their names in the company’s shareholders’ list. The company looks at the shareholders’ list on the record date to determine shareholders eligible for the dividend payout. Since both companies have fixed the ex-dividend date and record date as tomorrow, today is the last day for investors to buy the shares of both companies.

PFC Announces Interim Dividend of ₹3.65 per Share

PFC has declared a 36.5% interim dividend, amounting to ₹3.65 per share. Investors holding the shares of the company as on the record date will be eligible for the company’s dividend payout.

Shyamkamal Investments Declares ₹0.10 per Share Dividend

Shyamkamal Investments has announced a 1% interim dividend, amounting to ₹0.10 per share. Investors with shares in their demat accounts as on the record date will be eligible to receive the dividend payout.

Shares Price Snapshot

As of 11:10 AM, the PFC share price was up by 0.45%, or 1.65 points, and was trading at ₹364.30. The traded volume stood at 24.68 lakh shares, with the company’s market cap at ₹1,22,005 crore. On the other hand, Shyamkamal Investments’ share price was up by 2.48%, or 0.31 point, and was trading at ₹12.83. The traded volume stood at 2.46 thousand shares, with the company’s market cap at 18 crore.

Investor Takeaway

PFC and Shyamkamal Investments have announced dividend payouts to reward their shareholders. Investors have a good opportunity to make quick returns on their investments by holding the shares of these companies. However, as both companies have set their ex-dividend and record dates for tomorrow, investors must buy the shares of the companies by the end of today’s trading session. Both stocks are witnessing positive demand, as investors are buying the shares to be eligible for the dividend payouts.

The ex dividend mechanism ensures clarity around entitlement, allowing investors to plan trades and manage portfolios while accounting for key corporate action timelines.

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