Three leading IT companies declared impressive dividends for their shareholders. These firms are Coforge Ltd, Persistent Systems, and Accelya Solutions. The record date for Accelya Solutions and Coforge is same while for Persistent Systems, it is January 31, 2025. All these stocks have delivered attractive returns over the years. Check details below pertaining to the three IT stocks.
How To Be Eligible For Coforge, Persistent, and Accelya Solutions dividend?
Shareholders whose name reflect in firm’s shareholders’ record on the record date for dividend will become eligible for the company’s dividend. Record date is the date when the firm finalises list of shareholders eligible for the company’s dividend distribution. The record date for Coforge and Accelya dividend is January 30 and for Persistent system the record is January 31. Therefore, shareholders should buy (after consulting with the SEBI registered investment advisor) shares of these firms before the record date to receive their dividends.
1. Coforge Dividend
The company in its regulatory filing dated January 23, 2025 stated, “the Board has also declared third interim dividend of Rs. 19/- (Rupees Nineteen only) per Equity Share of the Company having face value of Rs. 10/- each fully paid-up, for the financial year 2024-25. The Board has fixed January 30, 2025 as the “Record Date” for the purpose of ascertaining the eligibility of shareholders for payment of third interim dividend.”
The company informed that the payment of interim dividend is expected to be done within 30 days from the date of declaration of dividend.
Coforge Shares Performance
The 52-week high price of Coforge Ltd shares on BSE is Rs 10,017.95 per share (as on 30/12/2024) and the 52-week low price is Rs 4,291.05 per share (as on 09/05/2024), respectively. The company has a market capitalisation of Rs 61,746.31 crore. Its return of equity (ROE) stood at 12.70%. Last trading price of Coforge shares on Bombay Stock Exchange (BSE) stood at Rs 9235.25 apiece as on January 24, 2025. Coforge Ltd shares gave return of 6.92% in last 1-week, slipped over 4% year-to-date, and surged 45.77% in last 6-months. In last 2-years, Coforge stock offered return of 113.68%, rallied 377% in last 5-years, and offered eye-catching returns of 2431.59% in last 10-years.
2. Persistent Systems Dividend
The IT stock in its BSE filing issued as on January 22, 2025 said, “in continuation of the above-referred intimations, we wish to inform you that the Board of Directors at its meeting held on Wednesday, January 22, 2025, has approved the payment of an Interim Dividend of INR 20 (INR Twenty) per Equity Share of INR 5 (Five) each for the Financial Year 2024-25.”
The company fixed January 31, 2025 as the record date for the aforementioned interim dividend of Rs 20/ share. The Interim Dividend approved and declared by the Board of Directors at its meeting held on January 22, 2025, will be paid to the Members within a statutory timeline of 30 days of its declaration, added the exchange filing of the company.
Persistent Systems Shares Performance
The 52-week high price of Persistent Systems Ltd shares on BSE stood at Rs 6788.80 per share (as on 21/12/2024) and 52-week low price is Rs 3232.60 per share (as on 04/06/2024), respectively. The company’s market cap is Rs 99,188.99 crore, according to BSE. Last trading price of Persistent Systems shares on Bombay Stock Exchange is Rs 6364.35 per share. The ROE is 19.20%, higher than Coforge. Persistent Systems shares gained more than 6% in last 1-week, jumped 32.38% in last 6-months, and zoomed more than 50% in last 1-year. In last 2-years, Persistent Systems Ltd shares surged 177.62% and rose 1652.54% in last 5-years.
3. Accelya Solutions India Ltd Dividend
Accelya Solutions India mentioned in its exchange filing issued as on January 22, 2025, “we wish to inform you that the Board of Directors at its meeting held today, has declared an interim dividend of Rs. 50 /- per share. The record date for the purpose of interim dividend is Thursday, 30th January, 2025. The dividend pay-out date is Tuesday, 18th February, 2025.”
Accelya Solutions Shares Performance
The 52-week high price of Accelya Solutions Ltd shares on BSE stood at Rs 2128.25 per share (as on 15/02/2024) and 52-week low price is Rs 1436.55 per share (as on 15/01/2025), respectively. Last trading price of Accelya Solutions shares on BSE is 1500.65 per share. The company’s market capitalisation is Rs 2239.91 crore, lesser than both Persistent Systems and Coforge. Its ROE is 37.42, highest among all. Accelya Solutions declined 0.77% in last 1-week, fell 20.29% in last 6-months and slipped over 18% in last 1-year. But, in last 3-years, Accelya Solutions shares surged 48.12% in last 3-years and edged higher by 43.18% in last 5-years.
Disclaimer
The story highlights dividend and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. MoneyDaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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