ALLSEC TECHNOLOGIES, an IT services company, has recently declared a dividend of ₹30 per share, with an ex-date of November 10, 2023. Shareholders holding these shares in their accounts by this date will be eligible to receive the dividend amount.
The company has a history of consistent dividend payouts spanning seven years, starting in 2007 when it distributed its first dividend of ₹7 per share. Subsequently, in 2018, the dividend was ₹5, followed by ₹10 in 2019, ₹15 in 2021, ₹45 in November 2021, ₹20 in November 2022, and now ₹30 per share in November 2023.
About ALLSEC TECHNOLOGIES:
Established in 1998, ALLSEC TECHNOLOGIES operates in the IT sector, providing a range of IT services. The company currently boasts a market capitalization of ₹980 crores.
Impressive Returns:
ALLSEC TECHNOLOGIES has delivered robust returns to its investors. Over the past week, it has provided a 3% return, while over the past three months, it has yielded a 10% return. On an annual basis, the company has generated a remarkable 22% return. Looking at a three-year horizon, the stock has delivered an impressive 150% return.
This dividend announcement by ALLSEC TECHNOLOGIES not only reflects its commitment to rewarding shareholders but also underscores its financial stability and performance in the IT sector. Investors and shareholders can anticipate a substantial dividend income on their holdings come November 10, 2023, as they continue to benefit from the company’s consistent growth and returns.
