Persistent Systems approves final dividend of INR 18 per share
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– Persistent Systems Limited’s board has approved a final dividend of INR 18 per equity share, signaling strong cash generation and profitability for FY 2025‑26, pending AGM ratification.
- Final dividend declared: INR 18 per share, approved on 21 April 2026; subject to approval at the 36th Annual General Meeting.
- Cash return: The payout reflects robust free cash flow and underscores the company’s ability to reward shareholders while maintaining a solid balance sheet.
- Liquidity impact: Cash reserves will be temporarily reduced, but the overall financial position remains strong.
- Shareholder value: The cash dividend, unlike a buy‑back, does not dilute share count and aligns with the firm’s policy of consistent shareholder returns.
- Investor considerations: Watch for AGM approval and the eventual record date to determine eligibility; the dividend enhances total return, especially in a low‑interest‑rate environment.
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