800% dividend stock: This Blackstone-backed IT share zooms 14% after fixing record date; check amount per share
Dividend alert, Sept. 28 -- Shares of R Systems International Limited rallied nearly 14% during Monday's intraday trading session, days after the IT services firm fixed record date for its interim dividend for year 2026. The Blackstone-backed company has announced an 800% dividend for the year 2026.
The IT enabled services stock saw sharp rally as soon as the Indian stock market opened today. R Systems International stock jumped nearly 14% today.
The company's board of directors fixed second interim dividend for the year 2026 of Rs.8 per equity share with a face value of Re 1 each, which is 800% of its face value. Investors must own the stock before the record date to become eligible for the payout. The second interim dividend for the y...
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