New Delhi: In the stock market, one does not earn only from returns, but dividends are also a golden opportunity to earn. Dividend is a kind of gift which is given by the company to the shareholders. If you are also looking for a golden opportunity to earn through dividends, then this article is for you.

The stock market has been witnessing a sell-off in the last few sessions. Meanwhile, the giant railway stock Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has given shareholders a golden opportunity to earn. Yes, IRCTC has announced a 200 percent interim dividend to shareholders along with its second quarter results.

When is the record date (IRCTC Dividend Record Date)

According to the information received from the stock exchange filing, IRCTC has fixed the record date for interim dividend as November 4, 2024 (Thursday). This means that shareholders who have IRCTC shares in their demat account till November 14 will get the benefit of dividend. If you also want to take advantage of the dividend, then you should buy IRCTC shares today.

IRCTC Dividend

IRCTC had announced dividend along with the announcement of second quarter results. The company said that it is giving an interim dividend of 200 per cent to the shareholders for FY25. In this, a dividend of Rs 4 will be given per share with a face value of Rs 2. Let us tell you that the shares of the company will trade on ex-dividend on November 14, 2024.

When has the dividend been given (IRCTC Dividend History)

According to the information available on the website of Bombay Stock Exchange, IRCTC has given dividends to shareholders several times before.

According to the information received from the stock filing, the dividend amount will be credited to the shareholders' account within about 30 days after the ex-trade date i.e. November 14. If we talk about the company's performance, in the second quarter of the current financial year (IRCTC Q2 Results), the company's annual income increased by 7.2 percent to Rs 1,064 crore. At the same time, the net profit also increased by 4.5 percent to Rs 307.86 crore.

IRCTC Share Price

On Tuesday, IRCTC shares closed down by about 3 percent. At the same time, in the early session of Wednesday, the stock was trading with a slight increase. According to BSE Analytics, the company's stock fell by more than 5 percent in the last one week. However, in the last one year, the company's stock rose by 21 percent. At the time of writing the news, the company's shares (IRCTC Share Price) were trading at Rs 812.25 per share.