IRCTC dividend, IRCTC dividend record date 2023, IRCTC dividend news, IRCTC share price NSE: The board of Indian Railway Catering and Tourism Corporation (IRCTC) is scheduled to meet on Tuesday, November 7, to consider the company’s financial results for Q2 as well as an interim dividend for shareholders. IRCTC is the only firm authorised by the Indian Railways to manage food services on trains and offer online railway ticket booking services. 

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IRCTC shares registered mild gains on Monday as investors awaited the company’s financial results. The stock closed up 1.13 per cent at Rs 671.1 apiece on NSE.  

IRCTC dividend record date 2023

Earlier, the railway PSU's board fixed November 17 as the record date for such an interim dividend, if declared.  

What is a record date? 

A record date is a date that determines the shareholders eligible to benefit from corporation action such as a dividend. The investor must own equity shares of the company on the record date in order to receive the dividend. 

"...consider declaration of Interim Dividend for FY 2023-24, if any. In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, November 17, 2023 as the Record Date for determining eligibility of shareholders for payment of the said Interim Dividend, if declared by the Board of Directors," the company said in a an exchange filing.

IRCTC dividend history 

IRCTC has declared eight dividends since February 24, 2020. In the past 12 months, the company has declared an equity dividend amounting to Rs 5.5 per share. 

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