Summary: Hexaware Technologies has declared a second interim dividend of ₹9.50 per ₹1 equity share for financial year 2026. The company fixed October 26 as the record date and said payment is scheduled for November 7. The payout was disclosed before the company’s September-quarter results, which its board is due to consider on October 28. Investors should distinguish the dividend record date from the later earnings event.
Hexaware Technologies has approved another cash distribution to shareholders, giving investors a short timetable to check eligibility while the IT services company approaches its next quarterly earnings announcement.
What Happened
Hexaware informed the stock exchanges that its board had declared a second interim dividend of ₹9.50 per equity share for financial year 2026. With a face value of ₹1 per share, the company described the payout as 950% of face value.
October 26, 2026 is the record date used to identify eligible shareholders, while payment is scheduled for November 7. The exchange disclosure was disseminated on October 20, and the announcement was reported on October 21.
The dividend is separate from Hexaware’s Q2 results. The company has said its board will meet on October 28 to consider the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026.
Why It Matters
A record date determines which shareholders are entitled to receive a declared dividend. In India’s T+1 settlement system, investors normally need to own the shares before the ex-dividend date for a purchase to settle in time, subject to the exchange calendar and broker processing.
The ₹9.50 payout also follows Hexaware’s first interim dividend of ₹8.50 per share declared in April 2026. Taken together, the two declarations amount to ₹18 per share for the year so far. That arithmetic describes declared payouts and should not be treated as guidance for any future dividend.
Market Impact
Financial Express reported that Hexaware shares were up 2.17% in early trading on October 21. The move followed the dividend disclosure, but an intraday gain alone does not prove that the dividend was the sole cause. Broader IT-sector sentiment and positioning before Q2 results may also influence the share price.
Industry Context
Dividend decisions at IT services companies are closely watched because the sector tends to generate cash while carrying comparatively light physical capital requirements. However, payout levels can vary with acquisition plans, investment needs and confidence in future cash flows.
For Hexaware, the next fundamental update is the September-quarter result. Investors will be looking for revenue growth, deal activity, margins and commentary on demand for cloud, data and artificial-intelligence services. The company recently announced a multi-year enterprise AI partnership with Anthropic; BusinessNews1 covered what that alliance is designed to do.
What To Watch Next
- Trading around the record date and the corresponding ex-dividend adjustment.
- Hexaware’s Q2 FY27 results scheduled for board consideration on October 28.
- Management commentary on deal conversion, margins and AI-led demand.
- Confirmation that the November 7 payment timetable proceeds as announced.
FAQs
How much is Hexaware’s second interim dividend?
Hexaware declared ₹9.50 per equity share for financial year 2026. Each share has a face value of ₹1, so the company described the dividend as 950% of face value. Percentage of face value is an accounting convention and is not the dividend yield on the market price.
What is the Hexaware dividend record date?
The record date is October 26, 2026. Shareholders whose holdings are reflected in the company’s records on that date are eligible, subject to settlement rules. Investors buying close to the deadline should check the exchange’s ex-dividend date and their broker’s settlement guidance rather than relying only on the record date.
When will Hexaware pay the dividend?
Hexaware scheduled payment for November 7, 2026. The company’s Q2 results are a separate event: the board is due to consider those on October 28. Receiving the dividend does not depend on holding the shares until the payment date once eligibility has been established on the record date.
