Tech Mahindra Dividend News: Tier I IT firm declares 300% payout—Check out record date

Pune-headquartered IT firm Tech Mahindra on Tuesday announced a dividend of Rs 15 per equity share, translating to a 300 per cent payout given the face value of Rs 5 per equity share.

Tech Mahindra Dividend Per Share | Record date announced

The IT major fixed October 21 as the record date for the issue, according to a regulatory filing.

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A record date determines qualifying shareholders for a corporate action such as a dividend.

When will the TechM dividend be paid?

The IT firm said that the interim dividend will be paid "through permitted modes, on or before Wednesday, 12th November, 2025, to the equity shareholders of the Company whose names appear in the Register of Members of the Company or in list of beneficial owners as at the end of business hours of 21st October, 2025", the filing noted.

The Tier I IT company also announced its financial results for the July-September period.

Here are answers to a few frequently asked questions (FAQs) about dividends:

What is a dividend?

A dividend is a type of corporate action that lets a listed company to share a portion of its profits with its shareholders.

What is a dividend's record date?

The record date is a crucial cut-off date that a listed company sets to determine which shareholders are eligible to receive a declared dividend.

What is a dividend's ex-date?

It is the first day when the stock trades without the value of the upcoming dividend.

An ex-date is different from a record date. If you buy the stock on or after the ex-dividend date, you will not get the dividend.

Only shareholders owning the stock by the record date qualify.

Can a listed company skip paying dividends after declaring them?

Once a company declares a dividend, it is legally obligated to pay it to shareholders on the payment date.