HCL Tech Dividend 2025 News: Leading Indian IT giant HCL Technologies (HCL Tech), known for offering lucrative dividends, is all set to pay dividends to its shareholders. A dividend is the distribution of a portion of a company’s earnings to its shareholders, usually in the form of cash or additional shares of stock. The next dividend will be paid to shareholders, subject to their eligibility on the record date.
HCL Tech, through exchange filings, has also informed the bourses that a meeting of its Board of Directors will be held on Friday, July 12, 2024, to consider and approve standalone and consolidated audited financial results for the quarter ending on June 30, 2024.
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HCL Tech Dividend Announcement 2024
HCL Tech is all set to announce a dividend to its shareholders along with its financial results for the first quarter of the fiscal year FY25. The IT giant has said in its exchange filing that its Board of Directors will meet on Friday, July 12, 2024, to consider the payment of 2nd interim dividends for the financial year 2024–25.
HCL Tech Dividend 2024 Record Date
The IT giant has already fixed July 23, 2024, as the record date for determining the entitlement of shareholders for the payment of the aforesaid interim dividend.
“The Record Date for determining the entitlement of the shareholders for the payment of the aforesaid interim dividend shall be July 23, 2024, subject to the approval of the interim dividend by the Board of Directors,” said the company in the regulatory filing on the BSE.
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HCL Tech Dividend History
HCL Tech boasts a rich history of paying dividends to its shareholders. The company announced a dividend of Rs 12 in January 2024 and Rs 18 in May 2024. In 2023, HCL Tech paid dividends of Rs 12, Rs 10, Rs 18, and Rs 10 on four occasions, amounting to a total of Rs 50 in the said year, as per BSE data.
HCL Tech Dividend Yield
At the current market price, the IT giant boasts a dividend yield of 3.63 per cent.
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HCL Tech Share Price History
HCL Tech commands a market cap of Rs 1,51,425.77 crore and is a constituent of the S&P BSE Sensex. BSE analytics reflects that the shares of the IT giant have appreciated 1.22 per cent in the last six months and 25.98 per cent in the last one year.
HCL Tech shares have a 52-week range of Rs 1,696.50 – Rs 1,087.75 on the BSE.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
