360% Dividend Alert: THIS IT Stock Fixes Record Date For Payout, Delivers 264% Returns In 5 Yrs | Do You Own?
Dividend Alert: Persistent Systems share price will remain in focus on Monday after the IT firm fixed the record date for the dividend payout for the financial year 2025-26. The company had announced a 360% dividend for FY26.
Persistent Systems' share price closed 4.66% higher at Rs 5054.20 per share on the BSE, with a market capitalisation of Rs 79,730.01 crore. The stock had touched an intraday high mark of Rs 5,067.95 per share and an intraday low mark of Rs 4,907.00 per share.
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Persistent Systems Dividend
Persistent's board of directors had recommended a 360% dividend for FY26. Persistent Systems. The board at its meeting held in April had "recommended the Final Dividend of Rs 18 per Equity Share of INR 5 each for the Financial Year 2025-26 subject to the approval by Members in the 36th Annual General Meeting ('36th AGM') of the Company." The AGM will be held on August 3.
Persistent Systems Dividend Record Date
The company has fixed Monday, July 27, as the record date for the dividend payout. Investors must own the stock before the record date to become eligible for the payout. "The Final Dividend, if approved by the Members at the 36th AGM scheduled to be held on Monday, August 3, 2026, will be paid to the members within 30 days of its declaration."
Persistent Systems Share Price Trend
The stock closed higher on Friday. Persistent Systems share price touched tis 52-week high mark of Rs 6,597.00 per share on December 23, 2025. The stock dipped to its 52-week low mark of Rs 4,242.65 per share. The software stock has a return on equity (ROE) of 30.07% and a P/E of 48.41.
Persistent Systems share price value has declined 19.56% year to date (YTD). It has delivered close to 113% return in three years and around 264% return in three years.
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