PFC Dividend: Second Interim Payout of Rs 4.10 Per Share, Record Date 17 November, After Q2 FY27 Standalone Profit Rises 11.8%

Second interim dividend Rs 4.10, record date 17 Nov 2026. Q2 standalone profit Rs 4,986.71 cr (+11.8%); consolidated Rs 7,681.51 cr (-2%). Filing, 4 Nov.

Updated: 6 Nov 2026 • 8:42 am

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PFC Dividend: Second Interim Payout of Rs 4.10 Per Share, Record Date 17 November, After Q2 FY27 Standalone Profit Rises 11.8%

Quick Answer

PFC dividend: Power Finance Corporation declared a second interim dividend of Rs 4.10 per share, with a record date of 17 November 2026. Standalone Q2 FY27 profit rose 11.8% to Rs 4,986.71 crore, while consolidated profit slipped 2%.

PFC dividend news: Power Finance Corporation declared a second interim dividend of Rs 4.10 per share, with a record date of 17 November 2026, alongside its Q2 FY27 results on 4 November. Standalone profit rose 11.8% to Rs 4,986.71 crore, while consolidated profit slipped about 2%. Figures come from the company's filing as reported by the press. Mint's headline also mentions a rally in the stock over five years and three days, which I could not verify. This is not investment advice.

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Table of Contents

PFC Dividend: Key Dates

Item	Detail
Dividend	Second interim, Rs 4.10 per share (41% of face value Rs 10)
Record date	17 November 2026
Payment	By 4 December 2026
First interim dividend	Rs 3.90 per share
Total for H1 FY27	Rs 8 per share

Under current settlement rules, the ex-dividend date is normally the same as the record date, but confirm with the exchange. To receive the dividend you must hold the shares before the ex-date. Dividends are taxable at your slab rate.

PFC Q2 FY27 Results

Item	Q2 FY27	Comparison
Standalone profit	Rs 4,986.71 crore	Up 11.8% from Rs 4,461.94 crore; above estimates of Rs 4,700 crore to Rs 4,938 crore
Net interest income	About Rs 5,122 crore	Below the Rs 5,204 crore estimate
Consolidated profit	Rs 7,681.51 crore	Down about 2% from Rs 7,834 crore
H1 standalone profit	Rs 9,732.11 crore	First-half total
H1 consolidated profit	Rs 16,679 crore	First-half total
Consolidated loan book	Rs 11,89,152 crore	Total as reported

Standalone profit beat estimates, but net interest income was below, which suggests the beat came from items other than core lending income. I could not confirm the reason. The fall in consolidated profit reflects the group's subsidiaries, including PFC's lending and generation-linked businesses, but check the filing for details.

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How to Work Out PFC's Dividend Yield

Step	What to do
1	Add the two interim dividends: Rs 3.90 plus Rs 4.10 equals Rs 8
2	Divide by the live share price
3	Remember Rs 8 covers only H1, so the full-year payout may differ
4	Compare yield with other PSU lenders and with fixed deposits

I did not find a verified current PFC price, so I do not quote a yield. A company can also declare a final dividend later, and yield changes as the price moves.

The REC Merger Question

Press reports say the proposed merger with REC is progressing. A merger can change the dividend base, share count and valuation. Follow exchange announcements for the swap ratio and timeline, and avoid assuming how it will affect payouts.

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Risks to Weigh

Risk	Why it matters
Interest-rate changes	They affect lending margins
Asset quality	Loans to power utilities carry sector risk
Government policy	PSU dividends depend on policy
Merger uncertainty	Terms and timing are unconfirmed
Price already moved	A rally can reduce future yield

Conclusion

The PFC dividend of Rs 4.10 with a 17 November record date adds to Rs 3.90 paid earlier. The results were mixed, with standalone profit beating estimates and consolidated profit slipping, so check yield, asset quality and the merger before deciding.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on the PFC Dividend

What is the PFC dividend?

Ans. PFC declared a second interim dividend of Rs 4.10 per share, 41% of the Rs 10 face value. With the first interim dividend of Rs 3.90, the total for H1 FY27 is Rs 8 per share.

What is the PFC dividend record date?

Ans. The record date is 17 November 2026, and payment is due by 4 December 2026. The ex-dividend date is normally the same as the record date, but confirm with the exchange.

How much was PFC's Q2 profit?

Ans. Standalone profit was Rs 4,986.71 crore, up 11.8% from Rs 4,461.94 crore. Consolidated profit was Rs 7,681.51 crore, down about 2% from Rs 7,834 crore.

Did PFC beat estimates?

Ans. Standalone profit beat estimates of Rs 4,700 crore to Rs 4,938 crore, but net interest income of about Rs 5,122 crore was below the Rs 5,204 crore estimate.

How do I calculate PFC's dividend yield?

Ans. Add the dividends declared over twelve months, divide by the live share price and multiply by 100. The Rs 8 declared for H1 is only part of the year, and I did not verify a current price.

Has PFC really rallied 200% in five years?

Ans. That claim is from Mint's headline, which I could not verify. Check a price chart on the NSE for the exact period, because returns depend on dates and dividends.

What is the PFC and REC merger?

Ans. Press reports say a merger of PFC and REC is progressing. Terms, swap ratio and timing were not confirmed in my research, so follow exchange announcements.

Should I buy PFC for the dividend?

Ans. Univest cannot give personal advice. Compare yield, asset quality, valuation and the merger risk, decide your position size and consult a SEBI-registered adviser before acting.