1200% Dividend! HCLTech declares Rs 24/share payout—Check out record and payment dates

Noida-headquartered IT major HCLTech on Tuesday announced a dividend of Rs 24 per equity share for eligible shareholders. This is an interim dividend for FY26. It marks a 1,200 per cent payout given the face value of Rs 2 per equity share.

Rs 24/Share HCLTech Dividend: Record date and payment date

The company's board approved April 25 as the record date for the said dividend.

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The dividend will be paid on May 5, according to a regulatory filing.

HCLTech dividend history

Here's a summary of HCLTech dividends announced in the past few years:

Dividend Explained | What is a record date?

A record date is a key date that determines qualifying shareholders for corporate actions such as dividends.

Shareholders holding at least one unit of a stock on that day become eligible to receive the benefit.

In this case, investors holding the stock on April 25 in their trading accounts will qualify to receive the dividend.

What is a payment date?

This is the date when a dividend -- or any other corporate action such as bonus or split -- is credited into the accounts of eligible shareholders.

In this case, eligible shareholders will receive the dividend on May 5.

HCLTech Q4 results

The board also approved the company's financial results for the quarter and the year ended ended March 31.

For the final quarter of FY26, HCLTech reported a consolidated net profit of Rs 4,488 crore, a sequential rise of 10.1 per cent.

Its March-quarter revenue grew to Rs 33,981 crore for the March quarter, from Rs 33,872 crore for the previous three months.

The company's quarterly earnings before interest and taxes (EBIT) contracted 10.6 per cent to Rs 5,620 crore, and margin -- a key measure of profitability -- shrank to 16.5 per cent from 18.6 per cent. Read more on HCLTech results

HCLTech shares vs Nifty50 vs Nifty IT

Earlier on Tuesday, the HCLTech stock gained 0.9 per cent to close at Rs 1,441.6 apiece on BSE.

At this level, it has lost 12 per cent of its value so far this year, underperforming the Nifty50's 6 per cent decline but still better than the Nifty IT's 16.2 per cent fall.