Bluechip IT Stock Record Date For 500% Dividend Is Just 3 Days Away

HCL Technologies Ltd is a leading global IT services company that helps global enterprises transform their businesses through Digital technology transformation. The company operates in IT Software sector. HCL Tech is engaged in offering a vast range of software services, business process outsourcing, and infrastructure services. The company announced an interim dividend of 500% or Rs 10 per equity share on October 12, 2022.

The company fixed October 20, 2022 as the record date for interim dividend. Check the key takeaways below:

1. HCL Technologies Ltd To Pay Interim Dividend Soon

The board of directors of HCL Technologies Ltd recently announced in their exchange filing, "The Board of Directors has declared an Interim Dividend of Rs. 10/- per equity share of Rs.2/- each of the Company for the Financial Year 2022-23. The Record date of October 20, 2022, fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The Payment date of the said interim dividend shall be November 2, 2022."

Therefore, the ex-dividend date is October 19, 2022 and record date is October 20, 2022.

2. HCL Technologies Ltd Stock Outlook

The current trading price of HCL Technologies Ltd is Rs 997 apiece with a decline of 0.47% till afternoon trading today. The stock's 52-week high is quoted at Rs 1359 apiece and 52-week low is quoted at Rs 875 apiece, respectively.

3. HCL Technologies 5-Years Return

The stock has given a 5-years return of 116%, 3-years return of 83% and 3-months return of 13%.

4. HCL Technologies Market Capitalisation

The large cap company has a market capitalisation of Rs 2,70,823.78 crore as of writing the report.

5. HCL Technologies Latest Quarterly Results

The company for the quarter ended September 30, 2022 declared a consolidated total income of Rs 24,922.00 Crore, up 4.39 %. It declared a net profit after tax at Rs 3,487.00 Crore in latest quarter.

6. HCL Technologies About

HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Its technology products and services are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. The market capitalization is Rs 248,558 crore.