Tech Mahindra announces 360% special dividend; record date fixed

IT major Tech Mahindra NSE 0.48 %, while announcing its Q2 results on Tuesday, declared a special interim dividend of 360% that amounts to Rs 18 per share on a face value of Rs 5.

The company has fixed November 10 as the record date for the dividend. So, investors holding the stock of Tech Mahindra as of the record date shall be eligible for the aforesaid dividend pay-out.