Persistent Systems Ltd Declares Final Dividend of Rs 17.5

Persistent Systems Ltd Declares Rs 6 Final Dividend (2021)

The Board of Directors of Persistent Systems Ltd (PERSISTENT) held its meeting on April 29, 2021. It has declared Dividend of Rs 5 per equity share for the financial year 2020-21.

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Persistent Systems Ltd Q4 Result

The company reported 20.2% yoy growth in consolidated sales revenues for the Mar-21 quarter at Rs 1,113.36 cr. The consolidated Profit after tax (PAT) for the Mar-21 quarter was up 64.35% at Rs 137.76 cr. Further, the revenues were up by a small 3.53% on a sequential basis

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Persistent Systems Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 14 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Wednesday, 14 July 2021.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

Further to our intimations dated April 16, 2021, we wish to inform that, the Board of Directors, at its meeting held today has recommended Final Dividend of INR 6 (Six) per Equity Share INR 10 each for Financial Year 2020-21.

Important Dates

  • Company – Persistent Systems Ltd
  • Script Name – PERSISTENT (NSE) and 533179 (BSE)
  • Dividend Amount – 6 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 13 July 2021
  • Record Date – 14 July 2021
  • Payment Date – 12 August 2021

Also, you can find more information about Persistent Systems Ltd on National Stock Exchange and Moneycontrol – Persistent Systems Ltd is an OPD specialty company, offering the customers the benefits of offshore delivery. The company designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of the customers existing software products.

 

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