IT Sector Stock Approves Rs 225/Share Interim Dividend, Fixes Record Date, Jumps 6.66% In 1 Week

On Wednesday, April 26, 2023, Oracle Financial Services Software Ltd approved an Interim Dividend of Rs 225 per equity share for the financial year ended 31st March 2023. It also fixes the record date for the recommended dividend as Tuesday, May 9, 2023.

Oracle Financial Services Software is an IT sector midcap stock with a market capitalisation of Rs 30,387.62 crore. It provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry.

Approved an Interim Dividend of Rs 225 per equity share For FY 22-23

According to an exchange filing by the Board of Directors of Oracle Financial Services Ltd., "approved an Interim Dividend for the financial year 2022-23 of Rs. 225/- per equity share of face value of Rs. 5/- each; fixed Tuesday, May 9, 2023 as the Record Date for the purpose of said Interim Dividend; decided that the Interim Dividend be paid on or before Thursday, May 25, 2023 to the Shareholders whose names appear on the list of members of the Company as at the close of business on Tuesday, May 9, 2023;"

Stock Overview

The stock of Oracle Financial Services trading 1.29% high at Rs 3,512 apiece. Its 52-week low is Rs 2,883.25 apiece and 52 week high is Rs 3,649 apiece, respectively.

It gained 6.66% in 1 week, and 9.22% in 1 month, respectively. It has given 0.34% positive return in 1 year. In the past 3 years, it has given 66.26% positive return. In 5 years it has fallen 18.59%.

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