PSU Dividends: Indian Oil, GAIL and PFC declare second interim dividend for FY21

New Delhi: The board of directors of Indian Oil, in a meeting held on March 16 have declared a second interim dividend of Rs 3 per share for the current financial year (FY 2020-21). The dividend will be paid by April 15, the PSU said in a statement.

"The Board at its meeting held today has declared Second Interim Dividend of 30 % i.e. Rs. 3.00 per equity share of the face value of Rs.10/- each for the financial year 2020-21. The dividend will be credited to the account of the shareholders or the dividend warrant in respect thereof will be dispatched within 30 days from the date of declaration of dividend i.e. on or before 15th April 2021," the company had informed BSE on March 16.

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Earlier on March 12, the board of directors of GAIL (India) Limited had declared a second interim dividend of Rs 2.5 per share. The 2nd interim dividend will be paid on March 23, the company had informed.

The board of directors of Power Finance Corporation (PFC), in their board meeting held on March 12, had declared an interim dividend of Rs 8 per share. March 22 has been set as the record date for payment.

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