REC Dividend: Fourth Interim Dividend Announcement & Key Details for Investors

REC Limited, a Maharatna PSU and a constituent of the BSE 100 index, is set to declare its 4th interim REC dividend for the financial year 2024-25.

The company, operating under the administrative control of the Ministry of Power, specializes in financing rural electrification projects across India.

REC Ltd Dividend Announcement Date

According to an exchange filing, REC Limited’s Board of Directors will meet on March 19, 2025, to consider and approve the declaration of the 4th interim REC dividend.

“A meeting of the Board of Directors of REC Limited (the Company) will be held on Wednesday, March 19, 2025, inter-alia to consider the proposal for declaration of 4th Interim Dividend, if any, for the financial year 2024-25,” REC Ltd stated in its exchange filing.

While the REC dividend record date has not been disclosed in the latest filing, REC Limited is expected to announce the record date and dividend amount on March 19, 2025.

REC Ltd Dividend Yield & History

As of now, REC Ltd offers an impressive dividend yield of 4.14%, making it an attractive stock for dividend investors.

REC Dividend History (2024 & 2023)

REC Ltd has consistently rewarded its shareholders with dividends. Here’s a breakdown of the company’s dividend payouts in recent years:

REC Dividends in 2024:

February 2024: ₹4.30 per share
November 2023: ₹4.00 per share
August 2023: ₹3.50 per share
June 2023: ₹5.00 per share
March 2023: ₹4.50 per share

REC Dividends in 2023:

REC Ltd paid dividends on four occasions in 2023, aggregating to ₹14.10 per share.

REC Dividends in 2022:

The company paid dividends three times, totaling ₹15.80 per share, along with issuing bonus shares in a 1:3 ratio.

Conclusion

REC Ltd continues to be a strong dividend-paying stock, and the REC dividend history shows its consistent payout record. Investors should keep an eye on the March 19, 2025, board meeting for further updates on the 4th interim REC dividend, including the record date and dividend amount.

For more updates on REC dividend and dividend-paying stocks in India, stay tuned to InvestChey!

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