Rs 18 dividend stock: Global technology firm HCLTech fixes record date - check payment date and other details

The board of directors of HCL Technologies on Friday, April 26, declared a final dividend of Rs 18 per equity share for FY24 with a face value of Rs 2 each, according to a stock market disclosure.

"The Board of Directors has declared an Interim Dividend of Rs.18/- per equity share of Rs.2/- each of the Company for the Financial Year 2024-25," the tech major said in a BSE filing.

The board has also announced the record date of the dividend i.e. May 7, 2024, and the same will be paid on May 15, 2024.

Simultaneously, the IT firm HCL Technologies has also posted its financial results for the fourth quarter ended on March 31, 2024. The company reported a revenue of Rs 109,913 crore, up 8.3 per cent (year-on-year), for FY24 as net income saw 5.7 per cent growth at Rs 15,702 crore.

For the quarter (Q4 FY24), the company registered a revenue of Rs 28,499 crore, up 7.1 per cent YoY, with net income at Rs 3,986 crore, down 8.4 per cent on a quarterly basis and up 0.1 per cent YoY. Read more

Meanwhile, shares of HCLTech closed at Rs 1,472.30 each, down 2.08 per cent on BSE today.