PFC shares return 465% in five years

Power Finance Corporation's shares are making news today as the company provides its fourth interim dividend. The ex-date for the dividend is March 19, 2025. PFC announced a dividend of Rs 3.50 per share for the fiscal year 2024-25. In morning trading, PFC’s shares remained stable at Rs 403.35, slightly up from Rs 402.65, which was the previous day's closing price. The company has set today as the record date to confirm which shareholders are eligible for this dividend. PFC has a history of paying interim dividends. Previously, it declared three dividends this fiscal year. The first was Rs 3.25 per share on August 30, 2024. The next two were Rs 3.50 each on November 11, 2024, and February 28, 2025. Investors have benefited from PFC's shares, which have returned 465% over the past five years. In comparison, the Sensex index grew by 166%, and the BSE Financial Services saw a 149% increase. Over the past two years, PFC's shares gained 223%, and over three years, they rose by 333%. In its recent financial results, PFC reported a net profit of Rs 5,829 crore for the December quarter. This marks a 23% increase from Rs 4,727 crore during the same period last year. The revenue from operations also grew by 14%, reaching Rs 26,798 crore compared to Rs 23,571 crore last year.