The company’s board has declared an interim dividend of Rs 6 per share, with january 28, 2025, set as the record date for determining the eligible shareholders. The dividend will be paid on or before february 15, 2025, as stated in the company’s exchange filing
The record date to determine shareholders entitled to receive the interim dividend is january 28, 2025.
Payment Date for wipro Dividend 2025
The interim dividend will be paid by february 15, 2025.
Wipro’s Dividend History
Wipro’s recent dividend payouts include Re 1 in january 2024, Re 1 in january 2023, and Rs 5 in april 2022.
On the day of the announcement, Wipro’s shares closed at Rs 281.85, down 2.15% from the previous closing of Rs 288.05. The stock reached an intra-day high of Rs 288.05 and a low of Rs 280.75 on the BSE.
For long-term investors, such dividends serve as a consistent income stream, while for potential investors, a company with a history of stable dividend payouts is often seen as a stable, attractive investment option.
Conclusion:
Wipro's decision to announce an interim dividend of Rs 6 per equity share underlines the company's strong financial position and its ability to generate consistent earnings. Despite the minor decline in share price on the day of the announcement, the dividend payout offers positive news for shareholders, as it reflects the company's ongoing efforts to create shareholder value. As the company continues to grow and perform well, such dividends enhance its appeal in the stock market, especially to income-focused investors.
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