Dividend Stocks this week: IRCTC, ONGC, MRF, NMDC, PFC

Dividend Stocks: Indian Railway Catering and Tourism Corporation (IRCTC), Oil and Natural Gas Corporation (ONGC), MRF, National Mineral Development Corporation (NMDC) and Power Finance Corporation (PFC) will trade ex-dividend date this week. A dividend is a corporate action wherein a company rewards its shareholders for investing in the business. When a company pays dividend, its share price decreases by the same amount on a given date.

Written By: Shivani Tiwari
Updated on: February 20, 2023, 03.50 PM IST
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MRF Dividend

MRF Dividend MRF has announced an interim dividend of Rs 3 per share with a face value of Rs 10. The stock will trade ex-date on February 21. The record date is also February 21. Pic: Official Website

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ONGC Dividend 2023 Amount

ONGC Dividend Oil and Natural Gas Corporation has announced an interim dividend of Rs 4 per share with a face value of Rs 5. The stock will trade ex date on February 24. The record date is also February 24. Pic: Reuters

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IRCTC Dividend

IRCTC Dividend The Indian Railways company has announced an interim dividend of Rs 3.50 per share with a face value of Rs 2, which is 175 per cent of paid-up share capital. The stock will trade ex-date on February 22. The record date is also February 22. Pic: Reuters

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NMDC Dividend 2023

NMDC Dividend NMDC has announced an interim dividend of Rs 3.75 per share with a face value of Re 1. The stock will trade ex-date on February 24. The record date is also February 24. Pic: Official Website 

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Power Finance Corporation Dividend

Power Finance Corporation Dividend Power Finance Corporation has announced an interim dividend of Rs 3.5 per share with a face value of Rs 10. The stock will trade ex-date on February 24. The record date is also February 24. Pic: Reuters