Rs 3.25 Dividend & Rs. 429 - 435 - 441 Targets: Is PSU Stock PFC A Worth Buy?

Founded in 1986, Power Finance Corporation Ltd. (PFC) is the largest government-owned NBFC in India and a prominent Maharatna central public sector organization. The PSU company has announced the record date and payment date for its fourth interim dividend for FY26. The stock will be under attention following the dividend announcement because it just generated a fresh golden crossover, with a breakout above the multi-week high and getting close to the 52-week high level.

PFC Dividend

The Board of Directors considered and approved "Declaration of fourth interim dividend @ Rs 3.25/-(Rupees Three and paisa twenty five only) per equity share (i.e. @ 32.50 % ) (subject to deduction of TDS) on the face value of the paid-up equity shares of tlO/-each for the FY 2025-26. It is to inform that 23.03.2026 (Monday} shall be reckoned as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for payment of fourth Interim Dividend for the F.Y. 2025-26. The date of payment of the aforesaid interim dividend shall be on or before 16.04.2026," confirmed PFC in a regulatory statement.

Note For Shareholders By PFC

"Additionally, it may be noted that pursuant to the recent amendments to the Listing Regulations, dividend payments are now permitted to be made only through electronic modes. Consequently, the earlier facility of issuing dividend through physical instruments such as cheques or demand warrants has been withdrawn. Accordingly, members are requested to update their bank account details to facilitate smooth and timely credit of dividends, as detailed below: • For shares held in Demat form: Members are requested to approach their respective Depository Participant (DP) to register or update their bank account details in their demat account, in accordance with the procedure prescribed by the DP. • For shares held in Physical form: Members are requested to contact the Company's Registrar and Transfer Agent (RTA) and update their KYC and bank account details in their respective folio by submitting the required documents," PFC further informed the stock exchanges.

PFC Target Price

Buy - Rs.401, Stop Loss - Rs.381, Target - Rs. 429 - 435 - 441

"It continues to deliver robust financial growth, Q3 FY26, the company reported a consolidated net profit of Rs 8,212 crore, a 6% YoY increase, with revenue from operations climbing to Rs 29,095 crore. The stock remains a dividend powerhouse, recently declaring its fourth interim dividend of Rs 3.25 per share for FY26, totalling over Rs 16 for the year. It has just given a new golden cross over, with a breakout above multi week high, approaching the 52-week high level of Rs. 444, with RSI just above 60 by today. I would recommend investors to wait till it crosses its 52-week high, for its journey towards Rs. 474. I would refrain from buying at these levels and wait for a pullback to Rs.400," commented Market Wizard's Adib Noorani.

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