This Technology Major To Pay 4th Interim Dividend In The First Week Of February

In its board meet on January 14, 2022, HCL Technologies' board directors has declared an Interim Dividend of Rs. 10/- per equity share of Rs.2/- each of the Company for the Financial Year 2021-22. Notably this is the 4th Interim dividend for the financial year 2021-22.

Dividend so far declared for the FY 2022

The Special Interim Dividend has been declared by the Board in recognition of the
Company's recent milestone, crossing the $10 Billion mark in Revenue during FY'21.

Considering this dividend amount for the Fy 22 of Rs. 42, the dividend yield comes to be 3.14 percent with the stock last trading at Rs. 1337.55 per share.

Record date for the 4th interim dividend as well as dividend payment date

In the filing, the IT major mentions the record date for determining the eligibility of shareholders for the dividend as January 22 while the stock shall trade ex-date from January 20, 2022, implying to be eligible for the dividend you need to be buying the stock before ex-date or should be owning the same in your demat account as on January 22, 2022.

The Payment date of the said interim dividend shall be February 4, 2022

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