HCL Tech dividend record date: Shiv Nadar-led HCL Tech announced its quarterly results on January 12, 2024. The third largest IT services company in the country, HCL Tech reported a 13.5 per cent rise in net profit on a sequential basis. HCL also announced a dividend of Rs 12 per share. The company also announced the Record Date for HCL Tech dividend payment.
HCL dividend Record Date 2024: Massive 600% reward for shareholders; stock to trade ex-dividend on this date (Image: Official website, HCL Tech)
HCL Tech dividend record date: Shiv Nadar-led HCL Tech announced its quarterly results on January 12, 2024. The third largest IT services company in the country, HCL Tech reported a 13.5 per cent rise in net profit on a sequential basis. HCL also announced a dividend of Rs 12 per share. The company also announced the Record Date for HCL Tech dividend payment.
HCL Tech dividend announcement 2024
“The Board of Directors has declared an Interim Dividend of Rs 12/- per equity share of Rs 2/- each of the Company for the Financial Year 2023-24,” HCL Tech said in a regulatory filing. This is a whopping 600 per cent dividend for HCL.
HCL Tech dividend record date
“The Record Date for determining the entitlement of shareholders for payment of the 4th interim dividend for the financial year 2023-24 shall be January 20, 2024 – HCL Tech said in an exchange filing. January 20, 2024 will thus be the ex-dividend date for HCL.
The Dividend Record date of a stock is the date when the shareholders of the company must hold the shares in order to be eligible for receiving the dividend. The Record Date for HCL Tech shares is January 20, 2024. This means that shareholders of HCL Tech, who hold the shares of the company as of January 20 will be eligible to get the dividend of HCL Tech.
HCL Tech dividend history | HCL Tech dividend yield
HCL holds a consistent record of paying dividends to its shareholders. This will be reportedly the 84th consecutive dividend payout by HCL Tech to its shareholders. HCL Tech’s dividend yield is 3.12 per cent according to unverified open-source data. The company has given 87 dividends since 2000.
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
