HCL Technologies Limited offers software development, business process outsourcing, and infrastructure management services worldwide. The company operates in three segments: IT and Business Services; Engineering and R&D Services; and Products & Platforms. The IT and Business Services segment provides IT and business services, such as application, infrastructure, and digital process operations; digital transformation services for digital and analytics; IoTWoRKs; and cloud native and cybersecurity solutions. The Engineering and R&D Services segment offers engineering services and solutions to software, embedded, mechanical, VLSI, and platform engineering that support the lifecycle of products for hardware and software industries. The Products & Platforms segment provides modernized software products for technology and industry specific requirements. This segment also offers HCL software; DRYiCE software, an organic IP-based software; Actian Avalanche Hybrid Cloud Data platform; and Nippon, a workforce analytics solution. It also offers hybrid cloud, digital workplace, and cloud native services, as well as service integration and management. The company serves financial services, manufacturing, life sciences and healthcare, public services, retail and CPG, technology and services, telecom, media, publishing, and entertainment industries. HCL Technologies Limited was founded in 1976 and is headquartered in Noida, India.
HCL Technologies Dividend Announcement
• HCL Technologies announced a quarterly dividend of ₹12.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-10-22
• HCL Technologies annual dividend for 2024 was ₹54.00
• HCL Technologies annual dividend for 2023 was ₹50.00
• HCL Technologies's trailing twelve-month (TTM) dividend yield is 3.59%
• HCL Technologies's payout ratio for the trailing twelve months (TTM) is 67.59%
• HCL Technologies's dividend growth over the last five years (2018-2023) was 44.27% year
• HCL Technologies's dividend growth over the last ten years (2013-2023) was 15.34% year
HCL Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-22 | ₹12.00 | quarterly | 2024-10-30 |
2024-07-23 | ₹12.00 | quarterly | 2024-08-01 |
2024-05-07 | ₹18.00 | quarterly | 2024-05-15 |
2024-01-19 | ₹12.00 | quarterly | 2024-01-31 |
2023-10-20 | ₹12.00 | quarterly | 2023-10-31 |
2023-07-20 | ₹10.00 | quarterly | 2023-08-01 |
2023-04-28 | ₹18.00 | quarterly | 2023-05-19 |
2023-01-19 | ₹10.00 | quarterly | 2023-02-01 |
2022-10-19 | ₹10.00 | quarterly | 2022-11-02 |
2022-07-19 | ₹10.00 | quarterly | 2022-08-02 |
2022-04-28 | ₹18.00 | quarterly | 2022-05-11 |
2022-01-20 | ₹10.00 | quarterly | 2022-02-04 |
2021-10-21 | ₹10.00 | quarterly | 2021-11-08 |
2021-07-27 | ₹6.00 | quarterly | 2021-08-10 |
2021-04-29 | ₹10.00 | quarterly | 2021-05-19 |
2021-01-21 | ₹4.00 | quarterly | 2021-02-08 |
2020-10-22 | ₹4.00 | quarterly | 2020-11-09 |
2020-09-14 | ₹2.00 | quarterly | 2020-10-05 |
2020-07-23 | ₹2.00 | quarterly | 2020-08-07 |
2020-01-24 | ₹2.00 | quarterly | 2020-02-04 |
2019-10-31 | ₹2.00 | quarterly | 2019-11-08 |
2019-08-14 | ₹2.00 | quarterly | 2019-08-26 |
2019-05-16 | ₹2.00 | quarterly | 2019-05-24 |
2019-02-05 | ₹2.00 | quarterly | 2019-02-14 |
2018-10-30 | ₹2.00 | quarterly | 2018-11-09 |
2018-08-02 | ₹2.00 | quarterly | 2018-08-14 |
2018-05-09 | ₹2.00 | quarterly | 2018-05-17 |
2018-01-29 | ₹2.00 | quarterly | 2018-02-05 |
2017-11-01 | ₹2.00 | quarterly | 2017-11-09 |
2017-08-03 | ₹2.00 | quarterly | 2017-08-11 |
2017-05-24 | ₹6.00 | quarterly | 2017-06-02 |
2017-02-01 | ₹6.00 | quarterly | 2017-02-09 |
2016-10-27 | ₹6.00 | quarterly | 2016-11-07 |
2016-08-10 | ₹6.00 | quarterly | 2016-08-19 |
2016-05-05 | ₹6.00 | quarterly | 2016-05-13 |
2016-01-27 | ₹6.00 | quarterly | 2016-02-04 |
2015-10-23 | ₹5.00 | quarterly | |
2015-08-07 | ₹5.00 | quarterly | 2015-08-17 |
2015-04-24 | ₹4.00 | quarterly | 2015-05-05 |
2015-02-04 | ₹8.00 | quarterly | 2015-02-11 |
2014-10-21 | ₹6.00 | quarterly | 2014-11-03 |
2014-08-05 | ₹12.00 | quarterly | 2014-08-14 |
2014-04-22 | ₹4.00 | quarterly | 2014-04-30 |
2014-01-22 | ₹4.00 | quarterly | 2014-01-31 |
2013-12-18 | ₹6.00 | quarterly | 2014-01-26 |
2013-10-22 | ₹2.00 | quarterly | 2013-10-31 |
2013-04-22 | ₹2.00 | quarterly | 2013-04-30 |
2013-01-21 | ₹2.00 | quarterly | 2013-01-30 |
HCL Technologies Dividend per year
HCL Technologies Dividend growth
HCL Technologies Dividend Yield
HCL Technologies current trailing twelve-month (TTM) dividend yield is 3.59%. Interested in purchasing HCL Technologies stock? Use our calculator to estimate your expected dividend yield:
HCL Technologies Financial Ratios
HCL Technologies Dividend FAQ
Other factors to consider when evaluating HCL Technologies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: HCL Technologies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, HCL Technologies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, HCL Technologies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from HCL Technologies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: HCL Technologies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, HCL Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HCL Technologies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of HCL Technologies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review HCL Technologies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.