Dividend stocks today: Up to Rs 258 payout - FULL LIST
dividend stocks today: up to rs 258 payout – full list hcl technologies oracle financial services software
Dividend stocks on May 6, 2024, Tuesday: A total of two companies i.e. HCL Technologies and Oracle Financial Services Software have fixed the record date for the next dividend payment today i.e. May 6, 2024. These companies will together pay Rs 258 dividend to the investors. A dividend is a company’s reward to its investors for their investment in the business. It is usually paid in cash from earnings.
HCL Tech Dividend 2024
According to an exchange filing, HCL Tech has announced a whopping 900 per cent dividend payment on each stock. Thus, a 900 per cent translates into Rs 18 per equity share with a face value of Rs 2. The company has fixed ex-date and record date as May 7. The payment date of the said interim dividend shall be May 15, 2024.
“The Board of Directors has declared an Interim Dividend of Rs.18/- per equity share of Rs.2/- each of the Company for the Financial Year 2024-25. The Record date of May 7, 2024 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors,” the IT company said in a statement.
Oracle Financial Services Dividend 2024
According to an exchange filing, Oracle Financial Services Limited has announced a whopping 4800 per cent dividend payment on each stock. Thus, a 4800 per cent dividend translates into Rs 240 per equity share with a face value of Rs 5. The company has fixed ex-date and record date as May 7. The Interim Dividend be paid on or before Thursday, May 23, 2024.
“We are pleased to inform you that the Board of Directors of the Company at its Meeting held on April 24, 2024 has declared an interim dividend of Rs 240 per equity share of face value of Rs 5/- each for the Financial Year 2023-24. The said dividend will be payable to those shareholders whose names appear in the Register of Members of the Company and as beneficial owners in the Depositories as at the close of business hours on Tuesday, May 7, 2024 (“Record Date”),” the company said in a regulatory filing on April 26.
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