PFC dividend record date: 17 November 2026
Power Finance Corporation fixed Tuesday, 17 November 2026 as the record date for its second interim dividend of Rs 4.10 per equity share.
Published 11 November 2026 · Potoos Research Services
The short answer. PFC's record date is 17 November 2026. Its board declared Rs 4.10 per equity share for FY 2026-27. The company says payment will be made on or before 4 December 2026, subject to tax deducted at source.
PFC dividend: the confirmed dates
A dividend is a payment by a company to eligible shareholders. An interim dividend is declared during the financial year. PFC calls this its second interim dividend for FY 2026-27. FY means financial year.
| Item | Verified detail |
|---|---|
| Board decision | 4 November 2026 |
| Dividend per equity share | Rs 4.10, before any applicable tax deduction |
| Record date | Tuesday, 17 November 2026 |
| Payment deadline | On or before 4 December 2026 |
| Ex-date (NSE corporate actions list) | Tuesday, 17 November 2026, the same day as the record date |
| Face value per share | Rs 10 |
Sources: PFC board outcome dated 4 November 2026, page 1, item 2 and the paragraphs after it; NSE's corporate-actions entry for PFC for the ex-date.
Record date, ex-date and payment date mean different things
The record date is the date PFC uses to identify the shareholders eligible for this dividend. The ex-date is the first day a new purchase does not qualify for this dividend. NSE lists 17 November 2026 as both the ex-date and the record date. The payment date is when PFC sends the money. The filing sets a payment deadline, so the money need not arrive on the record date.
Keep the two entries separate when reading the announcement. A calendar showing 17 November is identifying dividend eligibility. The company has separately stated 4 December as the latest payment date.
Why does the filing also say 41%?
PFC expresses Rs 4.10 as 41% of the share's Rs 10 face value. Face value is the nominal value stated for the share. The calculation is Rs 4.10 divided by Rs 10, multiplied by 100.
This percentage uses face value. It does not use the market price paid for a share. Reading it as a percentage of the amount spent on the shares would use a different denominator.
What PFC says about the bank credit
The filing says the dividend is subject to tax deducted at source, often shortened to TDS. This means tax is withheld when the payment is made, where applicable. It explains why the declared amount and the amount reaching a bank account can differ. The filing gives a KFin Technologies upload link for shareholders who want tax deducted at a lower rate or not at all, and says no request on this will be entertained after 17 November 2026.
Page 2 says dividend payment is through electronic modes. For shares held electronically in a demat account, PFC asks shareholders to register or update bank details with their depository participant, the organisation servicing that account. For shares held in paper form, it directs them to its registrar and transfer agent, which maintains shareholder records.
The company's board outcome contains the dividend decision on page 1 and the bank-detail instructions on page 2. The record date is not a forecast of the share price.
Sources
- PFC board outcome and dividend decision. 4 November 2026 PDF page 1, item 2 and subsequent record/payment paragraphs; page 2, tax-form cut-off line, electronic payment paragraph and two shareholder bullets.
- NSE corporate actions, symbol PFC. Checked 10 November 2026: Interim Dividend Rs 4.10 per share, ex-date 17-Nov-2026, record date 17-Nov-2026.
Sources checked on 10 November 2026. Information cutoff: 10 November 2026, 19:00 IST
Common questions
Is 17 November the dividend payment date?
No. It is the record date for identifying eligible shareholders. PFC says payment will be made on or before 4 December 2026.
Is the dividend Rs 4.10 or 41%?
Both describe the same declared amount. Rs 4.10 is 41% of the Rs 10 face value of each share.
Can the bank credit be below Rs 4.10 per share?
Yes, where tax is deducted at source. The filing states that the declared dividend is subject to the applicable tax deduction.
Potoos Research, SEBI-registered Research Analyst. Registration number INH000027380. SEBI is the Securities and Exchange Board of India.
