BIG Dividend Alert: Maharatna PSU Near 52-Week Low, To Pay 36% Dividend, RoE At 41%, Perfect Buy Opportunity?

Upcoming Dividend: Power Finance Corporation shares remained under pressure last week as the Maharatna PSU stock closed in red on Friday. Meanwhile, PFC dividend record date next week will keep the stock buzzing among investors.

PFC shares closed 0.84% lower at Rs 369.95 per share on BSE on November 21. The stock had dipped to its 52-week low mark of Rs 357.25 per share in February this year.

PFC Dividend

PFC had announced a 36.5% interim dividend for its shareholders for the financial year 2025-26 (FY26). The company's board of directors had approved a "second Interim dividend (@ Rs.3.65/- (Rupces Three and Paisa Sixty Five only) per equity share (i.e. @ 36.5 %) (Subjcct to deduction of TDS) on the face value of the paid-up cquity shares ofZ10/- cach for thc FY 2025-26." The dividend will be paid on or before 6 December.

PFC Dividend Record Date

The company's board of directors has fixed 26 November, Wednesday, as the dividend record date. Which means, that investors must own PFC shares on or before the dividend record date to become eligible for the payment.

PFC Share Price Recommendation

The company has reported a marginal increase in its net consolidated profit during the September quarter of financial year 2025-26. The company had reported a net profit of Rs 4,462 crore in the second quarter of FY26 against Rs 4,370 crore reported in the year ago.

The company's net profit lagged compared to the estimates on higher forex losses due to unhedged borrowings and lower other income, as per Mirae Asset Sharekhan. Due to the lower-than estimated net profit, the brokerage revised its PFC share price target but remained bullish on its performance. Sharekhan has maintained a target price of Rs 465 per share on the stock.

"We are adjusting our price target to Rs. 465. However, we stay positive and expect an upside of 24% on decent AUM growth, strong return ratios, healthy dividend yield and comfortable valuation. The stock trades on attractive valuation at 0.7x/x0.6 its FY26E/FY27E core BV (based on standalone adjusted for investments in REC)," stated the brokerage in a report released this week.

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