Wipro to pay interim dividend of Rs5 per share; stock trades flat

28 Mar 2022 , 09:38 AM

Wipro Limited, a leading Indian multinational information technology services and consulting company, has considered and approved an interim dividend of Rs5 per equity share of par value of Rs2 each for the financial year 2021-22.

The company has informed that the record date for such purposes has been fixed at April 6, 2022, which shall be the date for ascertaining the eligibility of shareholders for payment of interim dividend.

The payment of interim dividend shall be made on or before April 24, 2022.

Earlier in January, Wipro’s Board has announced an interim dividend of Rs1 per equity share of par value of Rs2 each, which was paid by February 5, 2022.

Wipro’s stock is currently trading at Rs602.85, down by 0.13% against its previous closing price of Rs603.65. It opened at Rs607.30 and touched day’s high and low of Rs608 and Rs601.80 respectively so far.