Dividend Alert: Railway PSU stock rewards shareholders after stock falls 30% in 2025

The board of RailTel Corporation of India Ltd., the state-run railway PSU, has declared an interim dividend of ₹1 per share for financial year 2024-25, it said in an exchange filing.Record date for the purpose of payment of the second interim dividend has been fixed as April 2, 2025. The date of payment of the dividend will be April 9, 2025.

In November last year, RailTel had declared an interim dividend of ₹1 per share.
A record date means shareholders who own shares of the company at that particular date will be eligible for the dividend payout.Shares of RailTel Corporation will trade ex-dividend on the day or a day before the record date.

When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.

Last month, the company had informed the exchanges that it had won multiple orders from various entities totalling ₹220 crore on February 1.

For the December quarter, RailTel reported a 15% revenue growth but its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell nearly 7%, while margins also narrowed from last year.

Shares of RailTel Corporation of India Ltd. are trading 0.67% lower on Wednesday at ₹291.10. The stock has fallen nearly 30% so far this year.