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Dividend Stock: Smallcap share announces Rs 40 cash reward; check record date

Dividend Stock: A smallcap company has announced a final dividend of Rs 40 per share for the financial year 2023-24. Check record date, payment date.

Dividend Declared: Accelya Solutions India Ltd., a global software provider to the airline industry, has announced a final dividend of Rs 40 per equity share for the financial year 2023-24.

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“We wish to inform you that the Board of Directors at its meeting held today, has recommended final dividend of Rs. 40 per share, subject to the approval of shareholders of the Company at the ensuing Annual General Meeting,” the IT company said in its exchange filing dated July 26.

Accelya Solutions has fixed a record date to determine the eligibility of shareholders who would be entitled to receive the dividend. It has also fixed a payment date for the same.

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Accelya Solutions Dividend 2024 Record Date

Accelya Solutions has fixed the record date as October 4, 2024.

The record date is the specific day on which a company finalises the list of shareholders eligible for its forthcoming dividend distribution.

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Accelya Solutions Dividend 2024 Payment Date

The dividend payment date is October 29, 2024, Accelya Solutions informed in the exchange filing.

A payment date is the day on which a declared stock dividend is scheduled to be paid to eligible investors.

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Accelya Solutions Dividend History, Yield

Accelya Solutions has consistently rewarded its shareholders since the past 16 years.

The company had declared an interim dividend of Rs 25 earlier this year in January. In calendar year 2023, the IT company announced dividends on two occasions – Rs 35 in February and Rs 30 in October. Prior to that in 2022 as well, the company declared dividends on two occasions – Rs 17 in February and Rs 45 in October.

At the current market price, Accelya Solutions’ dividend yield is 2.9 per cent.

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Accelya Solutions Share Price

Shares of Accelya Solutions on Friday, July 26 closed at Rs 1,893 per share on the BSE. During the session, the stock touched an intraday high of Rs 1,922.80 and an intraday low of Rs 1,872.70. Its 52-week high and low range is Rs 2,128.25 and Rs 1,308.80.

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