Dividend stocks: Wipro shares to trade ex-dividend today

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₹1.00 per equity share for the eligible shareholders. The record date to ascertain the eligibility of shareholders for the interim dividend has been fixed on January 24. Also Read: Wipro Q3 Results: PAT down 12% YoY to ₹2,694 crore, revenue drops 4.4% YoY In a stock exchange filing, Wipro Ltd said: The Board of Directors approved “Payment of interim dividend of ₹1/- per equity share of par value ₹2/- each to the Members of the Company as on January 24, 2024, being the Record Date." The payment of interim dividend will be made on or before February 10, 2024, the company added.

Wipro shares will trade ex-dividend on Wednesday. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) On January 12, Wipro reported a nearly 12% fall in consolidated net profit to ₹2,694.2 crore for the third quarter ended December 2023. Its consolidated revenue from operations also fell 4.4% to ₹22,205.1 crore in Q3FY24, as against ₹23,229 crore in the year-ago quarter.

Wipro had said it expects de-growth or almost flat growth in revenue in the next quarter, thereby indicating a lower growth for the company for the fiscal on a year-on-year basis. Also Read: Stock market today: IRCTC, RBL Bank, Balrampur Chini Mills among 5 stocks under F&O ban list The company's IT Services segment revenue dropped 4.5% on a year-over-year basis to ₹22,150.8 crore during the reported quarter from ₹23,196 crore during the same period of 2022. The total headcount at the company declined by about 7% to 240,234 during the reported quarter, from 258,744 a year ago.