Dividend Stock: HCL has announced the fourth quarter results. The company has achieved a total net profit of Rs 3995 crore in the quarter of March 2024. In the last quarter it was Rs 3981 crore.
After the March quarter results, the company has also announced dividend for the shareholders.
The company’s board has declared a dividend of Rs 18 to the shareholders for one share.
The company has set the record date for this as May 7, 2024. In its exchange filing, the company has informed that it will transfer the dividend amount to the shareholders’ accounts by May 15, 2024.
The company has been giving the gift of dividend to investors every year continuously since 2007. In January 2024, the company had given a dividend of Rs 12. Earlier, the company had declared a dividend of Rs 20 in October 2023, Rs 10 in July 2023, and Rs 18 on April 28, 2023.
On the last trading day, the company’s shares closed at Rs 1472.30 with a decline of 2.08 percent. The company’s stock has given a return of 38.32 percent in one year.
Published at : 27 Apr 2024 04:58 PM (IST)
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