Rs 240 dividend stock: This IT major fixes record date - Check payment date and other details
Oracle Financial Services Dividend 2024 Record Date: According to the exchange filing, the company has approved an interim dividend of Rs 240 per equity share for the financial year 2023-24.
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Oracle Financial Services Dividend 2024 Record Date: The board of directors of Oracle Financial Services Software Limited has approved an interim dividend for the financial year 2023-24. The company, in an exchange filing, said that it has also fixed a record date for the purpose. The decision was taken by the board during a meeting in which it also approved audited standalone and consolidated financial results for the fourth quarter.
Oracle Financial Services Dividend 2024
According to the exchange filing, the company has approved an interim dividend of Rs 240 per equity share for the financial year 2023-24.
"approved an Interim Dividend for the financial year 2023-24 of Rs. 240/- per equity share of face value of Rs. 5/- each," the company said.
Oracle Financial Services Dividend 2024 Record Date
The IT major has fixed May 7, 2024, as the record date for the purpose of said interim dividend. The record date is important to identify the eligibility of investors for corporate actions.
Oracle Financial Services Dividend 2024 Payment Date
The company has stated that the payment of the interim dividend will be made on or before May 23.
"Interim Dividend be paid on or before Thursday, May 23, 2024 to the Shareholders whose names appear on the list of members of the Company as at the close of business on Tuesday, May 7, 2024," the company said.
Oracle Financial Services Dividend History
Earlier, the company announced an interim dividend of Rs 225 last year and the ex-date for this corporate action was May 9, 2023.
EX Date | Amount (₹) |
07 May 2024 | 240 |
09 May 2023 | 225 |
13 May 2022 | 190 |
17 May 2021 | 200 |
19 May 2020 | 180 |
06 Aug 2018 | 130 |
19 Apr 2017 | 170 |
30 Aug 2016 | 100 |
03 Sep 2015 | 180 |
24 Sep 2014 | 485 |
Oracle Financial Services Share Price
Meanwhile, the share of the company declined around 2 per cent or Rs 162.9 to Rs 7196.25 on the BSE at around 10:52 am
Oracle Financial Services Q4 Results
On a consolidated basis, revenue for the quarter was Rs 1,642 crore, up 12 per cent year-over-year. Operating income for the quarter was Rs 703 crore, up 13 per cent year-over-year. Net income for the quarter was Rs 560 crore, up 17 per cent year-over-year. However, on a sequential basis, the company’s revenue declined 10 per cent, while profit declined 24.4 per cent to Rs 5601.22 crore during the review period.
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