IT major HCL Technologies Ltd. on Monday announced a dividend of ₹12 per equity share (face value of ₹2) for the 2024-25 financial year. The record date will be October 22, 2024, while the payment date of the interim dividend will be October 30, 2024, the company said in a regulatory filing.

Also read: HCLTech Q2 earnings beat estimates, net profit jumps 11% to ₹4,235 crore

The company announced its earnings for the second quarter ending September 30, 2024, in which it reported a profit of ₹4,235 crore and a revenue of ₹28,530 crore, up slightly from the ₹28,057 crore reported the preceding quarter. In dollar terms, the company’s revenue came in at ₹3.4 billion.

#2QWithCNBCTV18 | #HCLTech: ₹ Revenue at ₹28,862 cr vs CNBC-TV18 poll of ₹28,530 cr

Here’s more???? pic.twitter.com/U9iBODSenV

— CNBC-TV18 (@CNBCTV18Live) October 14, 2024

Over the last five years, the company has paid dividends worth ₹184 per share to its shareholders.

Shares of HCL Technologies will trade ex-dividend on the day or a day before the record date.

When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.

Along with that proposal, the board also considered earnings for the September quarter.

Shares of HCL Technologies Ltd. settled 1.38% higher at ₹1,865 apiece on the NSE today. The stock has risen about 26% so far this year.