RS 240 DIVIDEND PER SHARE: HIGHEST-EVER PAYOUT! IT STOCK TURNS EX-DATE

Oracle Financial Services Software Dividend Stock 2024: Oracle Financial Services Software Limited has announced whopping 4800 per cent dividend payment on each stock for the financial year 2023-24. A dividend is a company's reward to its investors for their investment in the business. It is paid in cash from earnings. The company has a dividend yield of more than 3 per cent.

Oracle Financial Services Software Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 4800 per cent dividend translates into Rs 240 per equity share with a face value of Rs 5 each for FY24.

“...approved an Interim Dividend for the financial year 2023-24 of Rs. 240/- per equity share of face value of Rs. 5/- each," the company said in an exchange filing.

Oracle Financial Services Software Dividend 2024 Ex-Date

The company has set May 7 as the ex-date for the interim dividend.

Oracle Financial Services Software Dividend 2024 Record Date

Oracle Financial Services Software Limited has set May 7 as the record date for determining the eligibility of shareholders' participation in the next dividend or corporate action.

"Fixed Tuesday, May 7, 2024 as the Record Date for the purpose of said Interim Dividend," the company said on April 24.

Oracle Financial Services Software Dividend 2024 Payment Date

"...decided that the Interim Dividend be paid on or before Thursday, May 23, 2024, to the Shareholders whose names appear on the list of members of the Company," the company said in an exchange filing.

Oracle Financial Services Software NSE Share Price

Stocks of Oracle Financial Services Software Limited climbed by less than 1 per cent on Monday. The stock closed at Rs 7850 apiece, up by Rs 69.30 points or 0.89 per cent. The scrip registered a high of Rs 7907 and low of Rs 7801. More than 3.14 lakh equity shares changed hands at the same time.

Oracle Financial Services Software Dividend Yield

AT the current market price, the dividend yield of Oracle Financial Services Software is 3.05 per cent.

Oracle Financial Services Software Share Price History

Oracle Financial Services Software Limited is a constituent of the S&P BSE 200. According to BSE analytics (as of May 7), shares of Oracle Financial Services Software Limited rose by 81.22 per cent on a YTD basis. In the last 1 year, 2 years, 3 years, 5 years, and 10 years, shares of the company jumped by 114.28 per cent, 123.38 per cent, 125.10 per cent, 129.63 per cent, and 199.57 per cent, respectively.

Oracle Financial Services Software Dividend History

Last year, Oracle Financial Services Software Limited paid a dividend of Rs 225 in May. In 2020, 2021, and 2022, the IT Company announced dividends of Rs 180, Rs 200 and Rs 190, respectively.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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