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PDF Editor FAQ

Has anyone received IRFC dividend yet? The date was 20th Feb 2021, but I haven't received yet. Why?

Thanks for A2A.You will receive on or after March 4th.Read the circular:Indian Railway Finance Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2021, inter alia, have declared an interim dividend of Rs. 1.05/- (One Rupees Five Paisa only) per equity share of Rs 10/- each. The dividend will be paid in the account of the shareholder(s) or the dividend warrant(s) in respect thereof will be dispatched on or after March 04, 2021.Hope that helps.Happy investing.Good Luck.

What is a dividend warrant?

Dividend is the part of profits payable to the owners of the company i.e., Shareholders. Some companies issues warrants to its shareholders instead of paying dividends in the form of cash in the form of document by mentioning the Warrant Price and other details.The price mentioned in it is also called exercise price. Some times company may not specify the name of the holder. The holder of the document can fill it.Advantages: It helps to the issuing company from paying the Tax.It is easy to transfer from one person to other without any formalitiesIt helps to increase the share/capital of the company.

What is dividend warrant and interest warrant?

Is the in any way related to arrest warrants? Or crimes in genera?

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