IT -stock Hexaware Technologies Dividend record date is fast approaching. Do you own?

The record date for Hexaware Technologies Second Interim dividend is approaching quickly, with the company setting up October 10, 2025, as the date to qualify to receive a dividend of £ 5.75 (575%) per share at a face value of £ 1 per share for FY2025, as announced earlier this month. Qualifying shareholders will receive the dividend on October 18, 2025. Investors who benefit from this payout must ensure that they own the share before the record date. In terms of India’s T+1 settlement cycle, the purchase of shares on or after the record date will not qualify for the dividend. With a current market price of approximately £ 693 per share, Hexaware’s dividend yield is at around 0.83%. Earlier in mid -April, the company paid the first interim dividend of £ 5.75 per share share. Given the recent financial performance of Hexaware, including a 38% year-on-year profit increase in Q2FY25, this dividend could attract revenue-oriented investors. Shares show that volatility post-list Hexaware Technologies was re-listed in Dalal Street in February 2025, with a £ 745 per share to the NSE, a 5.2% premium to its £ 708 IPO price. However, brokerage firms remain optimistic about Hexaware’s growth prospects. Worldwide brokerage firm Jefferies started covering the stock in September with a ‘buy’ rating and set a target price of £ 930, based on a 31x PE multiple, with reference to the company’s well-diversified business mix and quality metric comparable to large IT businesses. Strong growth drivers in support of future performance Jefferies have emphasized that strong customer supplements/mining, platform-led legacy-modernization and expansion to new vertical and regions can support 10-15% Cagr’s in constant currency income and EPS over CY25–27. The firm believes that Hexaware’s excellent quality and healthy growth justify its premium valuations. Hexaware is a middle-sized IT services firm that offers IT finishes for end-to-end over four service lines and six vertical operations, with North America (74% of sales) and Banking & Financial Services (37% of turnover) as the most important region and vertical. The 13% growth over the past five years equals new customer supplements and expansion within existing customer relationships. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.

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