Oracle Financial Services Software Declares Rs 270 Dividend; Last Purchase Date Today
Dividend alert! Last date to buy OFSS shares for Rs 270 dividend
The Economic TimesImage: The Economic Times
Oracle Financial Services Software (OFSS) has declared a second interim dividend of Rs 270 per share for the financial year 2026, with May 7 as the record date. Investors must purchase shares by today to qualify for the dividend, which will be paid by May 21.
- 01OFSS has set May 7 as the record date for a Rs 270 dividend.
- 02Investors must buy shares by today to be eligible for the dividend.
- 03The dividend yield stands at 4.06% based on the latest share price.
- 04OFSS reported a 31% increase in net profit year-on-year for Q4.
- 05Shares have gained nearly 39% in the last month despite market challenges.
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Oracle Financial Services Software (OFSS) has announced a second interim dividend of Rs 270 per share for the financial year 2026, with May 7 designated as the record date. Investors must acquire shares by today to qualify for the dividend, which is expected to be paid by May 21. The company has maintained a consistent dividend policy, with a yield of 4.06% based on the latest closing price of Rs 9,726.50 per share on the National Stock Exchange (NSE). OFSS has declared a total of 18 dividends since August 2002, demonstrating its commitment to rewarding shareholders. In its recent Q4 results, OFSS reported a net profit of Rs 842 crore, a 31% increase from Rs 644 crore in the same quarter last year. Revenue from operations rose by 20% to Rs 2,065 crore. The stock has performed well, gaining 2% in the past week and 39% over the last month, despite broader market concerns related to geopolitical tensions and technological disruptions.
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Investors who purchase OFSS shares today will receive a substantial dividend, enhancing their returns and potentially influencing their investment strategies.
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