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Dividend Stock: Indian Railway Finance Corp Ltd is among the companies that have given excellent returns in the stock market over the past one year. In the last one year, the company has doubled the money from its local investors. Let us tell you that this railway stock has decided to give dividend now. For which a record date has been announced.
The name of the company associated with Chandrayaan-3, the stocks became rockets
When is the record date?
The company set a record date for the dividend on Friday, September 15th. That is, any investor whose name will be in the record book of the company on this date will only get the benefit of the dividend. Let us tell you that the dividend amount has not been announced by this railway stock yet. The company has said that the dividend may be declared at the annual meeting to be held on September 22. If this happens, the eligible investors will get the dividend within 30 days.
A strong performance in the stock market
The share price of the company closed at Rs 47.74 on Wednesday. In just one year, the share price of this company has seen an increase of 127 percent. At the same time, investors who bought this stock 6 months ago have made more than 70 percent profit so far.