In the last 12 months, Tech Mahindra had one of the highest dividend yields on the Street at 4.38% after paying a dividend of Rs 50 per share in the same period. The said interim dividend will be paid on November 21, 2023, to the equity shareholders of the company whose names appear on the register of members of the company or in the records of depositories as beneficial owners of the shares as of the record date.
Dividend stocks today: Shares of BCPL Railway Infrastructure Ltd, Blue Dart Express Ltd, and 5 other companies are trading ex-dividend on July 19, 2023. Meanwhile, Vedanta, Hindustan Zinc, Coal India, ONGC among top Dividend Yield stocks. Check full list, and more.
Stock prices of Tech Mahindra and Wipro will react to the Q4 earnings on Friday. Apart from results, other key factors to dictate these IT stocks performance would be Wipro s ₹12,000 crore buyback announcement and Tech Mahindra s final dividend for FY23.