IT major HCL Tech on Monday announced an interim dividend of Rs 18 per equity share of Rs. 2 each of the company for the Financial Year 2024-25. This, it added, included a dividend of Rs 6 per share to celebrate 25 years of the Company’s public listing.
In a regulatory filing, HCL Tech said, “The Board of Directors has declared 4th Interim Dividend of Rs 18 per equity share of Rs 2 each of the Company for the Financial Year 2024-25. This includes a special dividend of Rs 6 per share to celebrate 25 years of the Company’s public listing. The Record date for the payment of the aforesaid interim dividend shall be January 17, 2025 and the payment date of the said interim dividend shall be January 24, 2025.”
The IT company had, in an exchange filing on December 17, announced that its board of directors is scheduled to meet on January 13 (Monday) to consider un-audit financial results of the company for quarter and nine months ending December 31, 2024. HCL Tech had further said that the company will also consider and approve payment of 4th interim dividend for the financial year 2024-25.
In FY25, HCL Tech has already paid three interim dividends worth Rs 42 per share. During the last quarter of the current financial year, the company board had announced a cash reward of Rs 18 per share in May. Post that, the IT major gave payout of Rs 12 in July and a similar amount in October.
Later today, following the results announcement, the senior management of HCL Tech will conduct an audio conference call at 7:30 pm IST for 60 minutes to discuss the results followed by the detailed question-answer session.
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