HCL TECH DIVIDEND 2024 RECORD DATE, EX-DATE AND PAYMENT DATE - ALL DETAILS

HCL Tech dividend 2024 record date: Listed firms are releasing their profits for the January–March quarter of the fiscal year 2023–24 as the earnings season gets underway. Leading Indian IT company HCL Technologies released its quarterly results for the fiscal year that ends on March 31, 2024. For the fiscal year 2024–2025, the IT behemoth has declared an interim dividend of Rs. 18 per equity share, or a 900% interim dividend on its face value.

A dividend is a type of rewards that a company gives to its shareholders. When a company makes a profit, it may opt to share part of it with its shareholders and this distribution of profits is known as a dividend.

On Tuesday, April 30, the IT giant's shares traded in the red. The shares began lower at Rs 1,386 than the previous closing of 1387.10, with advances reaching an intra-day high of Rs 1397.35. The HPCL shares fell 1.41 percent and finished at Rs 1367.55, down from its previous closing of Rs 1387.10 on the BSE on Monday.

HCL Tech Dividend Announcement

HCL Technologies announced earnings for Q4 FY24 on April 26, HCL Technologies also declared a interim dividend of Rs 18 per equity share for the financial year 2023-24.

"The Board of Directors has today approved the Audited (Consolidated & Standalone) Financial results of the Company for the quarter and year ended March 31, 2024. The Board of Directors has declared an Interim Dividend of Rs.18/- per equity share at the face value of Rs.2/- each of the Company for the Financial Year 2024-25", Company infromed in exchange filings.

HCL Tech Dividend Record Date

HCL Tech also informed the bourses record date for determining the eligibility of shareholders' participation in the next dividend payment or upcoming corporate action. HCL Tech has fixed Tuesday, May 7, 2024, as the record date and May 15, 2024 as ex date.

"The Record date of May 7, 2024 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The payment date of the said interim dividend shall be May 15, 2024", Company said in press release.

HCL Tech Dividend Yield

At current market prices, HCL Tech dividend yield is at 3.80 percent.

HCL Tech Dividend History

HCL Tech boasts a rich history of paying dividends to its shareholders. The company paid an Interim Dividend of Rs 12 in January 2024. In 2023, HCL Tech paid dividends of Rs 12, Rs 10, Rs 18, and Rs 10 on four dividend occasions amounting to a total of Rs 50 in the said year, as per the BSE data.

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2024-05-01T07:21:04Z dg43tfdfdgfd