This IT Major Declares The Highest Interim Dividend In Last 5 Years

Wipro in its board assembly held on March 25, 2022 has thought-about in addition to authorised an interim dividend of Rs. 5 per share of par worth Rs. 2 every for the monetary yr 2021-22.

Ex-date, Document date and Dividend cost date

Ex-date or the date by which the investor can purchase into the scrip to be eligible for the prescribed dividend or the date when the inventory adjusts in worth in respect of the declared dividend in case of Wipro is April 5, 2022.For the above specified dividend, the board has fastened Wednesday, April 6, 2022 because the “document date” for the aim of ascertaining the eligibility of shareholders for cost of interim dividend. Additional, the cost of interim dividend will likely be made on or earlier than April 24, 2022.

Firm’s previous dividend for Fy 2021-22

Importantly, the interim dividend of Rs. 5 declared for Fy22 is the best within the final 5 years. Earlier to this the IT main declared Rs. 5 interim dividend for the Fy 2015-16 which was introduced on January 6, 2016. Additionally, for this Fy 2022 itself, the corporate additionally introduced 50% or Rs. 1 interim dividend for which the inventory turned ex-dividend on January 21, 2022.

GoodReturns.in