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HCL Tech Announces Interim and Special Dividend – A Look at Its Dividend History

Written by: Team Angel OneUpdated on: Jan 14, 2025, 3:31 PM IST
HCL Technologies has declared an interim dividend of ₹18 per share, including a special dividend of ₹6 to mark its 25th year of public listing,
HCL Tech Announces Interim and Special Dividend – A Look at Its Dividend History
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HCL Technologies (HCLTech) shares experienced a significant dip on January 14, 2025, the day following the release of its Q3FY25 results. The stock hit an intraday low of ₹1,797.75 before stabilising to trade 7.58% lower at ₹1,825 on the NSE by 2:31 PM. This decline comes amidst the announcement of the company’s interim and special dividend.

Celebrating 25 Years of Public Listing with a Special Dividend

In a meeting held on January 13, 2025, HCL Tech’s Board of Directors approved an interim dividend of ₹18 per share, which includes a special dividend of ₹6 per share. This special dividend was declared to celebrate 25 years of HCL Tech’s public listing, a significant milestone for the company.

Key details of the interim dividend:

  • Record Date: January 17, 2025
  • Payment Date: January 24, 2025

HCL Tech: A Global Technology Powerhouse

HCL Tech, a leading global technology company, employs over 2,20,000 professionals across 60 countries. With a strong focus on digital, engineering, cloud, and AI, HCL Tech offers a comprehensive portfolio of technology services and products. The company serves clients across various industries, including financial services, manufacturing, life sciences, healthcare, and telecommunications.

A Rich History of Dividend Payments

HCL Technologies has consistently rewarded its shareholders with dividends since its public listing. Here’s a snapshot of its dividend history:

  • Total Dividends Declared: 91 since September 25, 2000
  • Dividends in the Past 12 Months: ₹54 per share
  • Dividend Yield: Approximately 2.97% at the current share price of ₹1,825

Dividends Declared of HCL Tech

 

Ex-Date Dividend Amount in ₹ Dividend Type Record Date
Oct 22, 2024 12 Interim Oct 22,2024
Jul 23, 2024 12 Interim Jul 23, 2024
May 07, 2024 18 Interim May 07, 2024
Jan 19, 2024 12 Interim Jan 20, 2024

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Jan 14, 2025, 3:31 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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