Wipro Share Dividend 2023: Check ex-date, record date | Wipro Share Price NSE, Wipro Q3 Results 2023 Date, Quarterly Results

Wipro Share Dividend 2023, Wipro Dividend 2023 Record Date, Wipro Q3 Results 2023 Date and Time: IT major Wipro is all set to declare its third quarter result on January 13, Friday. According to a communique by the company to the exchanges, the board is also likely to consider announcing an interim dividend for its investors when it meets to approve the unaudited financial results for the October-December quarter of the cyrrent financial year.

The dividend is a corporate action. A stock dividend is an amount that is paid in cash to shareholders by a listed company. The stock dividend is basically rewarding shareholders without reducing the cash balance of the company.

"Board of Directors will be held over January 12-13, 2023 to consider and approve....declaration of interim dividend, if any, for the financial year 2022-23..," the company said in an exchange filing.

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Wipro Dividend 2023 Ex Date

Wipro shares will trade ex-date a day prior to its record date. On an ex-date, a stock trades without the benefit of the next scheduled dividend payment. 

An ex-date is a cut-off date for buying a stock to receive dividend or benefits of others corporate actions. To receive dividend, an investor will have to buy Wipro stock before it trades ex-date.

Wipro Dividend 2023 Record Date

Record date is a day when company finalises the eligibility of shareholders for receiving the dividend amount. The record date is set by the board of directors of a company. Wipro is yet to announce the record date.

The dividend amount will be credited directly into the shareholders' bank account linked to their Demat account on the payment date.

Wipro Dividend History

Wipro Q3 Results 2023 Date and Time

Wipro will declare its third quarter result on January 13 after market hours.

Shares of Wipro on Wednesday ended flat at Rs 393.75 on NSE. The company has a market cap of Rs 2.16 lakh crore, as per NSE data on January 11.

In the past 6 months, Wipro' shares have yielded a negative return of 4 per cent. The stock has corrected 43 per cent in the past 1 year. The stock's 52-week range is Rs 701.75 - Rs 372.40.

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