Shares of Persistent Systems and Wipro are set to trade ex-dividend on Monday, July 27, 2026. Both companies have fixed July 27 as the record date to determine shareholders' eligibility to receive their dividends.
Under the T+1 settlement cycle, investors need to buy the shares on or before Friday, July 24, for the shares to be credited to their demat accounts in time. Investors purchasing the stocks on or after the ex-dividend date will not be eligible for the dividend.
Persistent Systems has recommended a final dividend of ₹18 per equity share with a face value of ₹5 for FY26.
The dividend is subject to shareholder approval at the company's 36th Annual General Meeting (AGM), scheduled for August 3, 2026.
If approved, the company plans to pay the dividend within 30 days of its declaration.
Wipro has announced an interim dividend of ₹2 per equity share with a face value of ₹2.
The company has fixed July 27, 2026, as the record date to identify eligible shareholders. The interim dividend is expected to be paid on or before August 14, 2026.
The record date is the date on which a company checks its shareholder records to identify investors eligible for the dividend.
The ex-dividend date is the first trading day when buyers of the stock are not eligible to receive the upcoming dividend. Since India follows the T+1 settlement cycle, investors must purchase shares at least one trading day before the record date to qualify.
Apart from Persistent Systems and Wipro, the following companies are also scheduled to trade ex-dividend on July 27, 2026:
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Investors looking to receive dividends from Persistent Systems and Wipro should ensure they purchase the shares by July 24, 2026, as both stocks will trade ex-dividend on July 27. Understanding the ex-dividend date and record date is important, as buying the shares after the ex-dividend date will make investors ineligible for the announced dividend payout.
Investors interested in dividend-paying stocks can open a demat account to conveniently invest and trade in the stock market.
For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Jul 24, 2026, 2:40 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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