R Systems International Ltd has announced an interim dividend of ₹6 per share. The company had earlier announced an interim dividend of ₹6.8 per share in December 2023. Taken together, R Systems International has announced nearly ₹13 as dividends in two installments in the current financial year 2023–24.
The company has fixed March 28 as the record date to determine the eligible shareholders for the latest dividend announcement.
"The Board of Directors of R Systems International Limited... approved the payment of Interim Dividend for the year 2024 at the rate of ₹6.00/- per equity share of face value of ₹1/- each. The Interim Dividend for the year 2024 will be paid on or before April 17, 2024. The Record Date for the purpose of determining the entitlement of the shareholders to the Interim Dividend for the financial year 2024 is Thursday, March 28, 2024," the company informed in an exchange filing.
R Systems International had earlier, in June 2022, announced an interim dividend of ₹6.50. Before that, it had given an interim dividend of ₹3.20 per share in November 2021.
R Systems International dividend history
Here's a list of R Systems International's dividend history over the last few years:
| Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend (₹) |
| March 14, 2024 | 28-03-2024 | Interim | 600 | 6 |
| December 12, 2023 | 22-12-2023 | Interim | 680 | 6.8 |
| June 1, 2022 | 14-06-2022 | Interim | 650 | 6.5 |
| October 28, 2021 | 11/11/2021 | Interim | 320 | 3.2 |
| June 16, 2021 | 25-06-2021 | Interim | 250 | 2.5 |
| December 5, 2019 | 20-12-2019 | Interim | 150 | 1.5 |
| April 27, 2018 | 22-05-2018 | Interim | 60 | 0.6 |
Source: Moneycontrol
R Systems International latest quarterly results
R Systems International reported standalone net sales of ₹207.30 crore in December 2023, down 4.83% from ₹217.82 crore in December 2022, as per a Moneycontrol report. R Systems International quarterly net profit came in at ₹37.00 crore in December 2023 up 8.85% from ₹33.99 crore in December 2022. The company's EBITDA came in at ₹39.11 crore in December 2023 down 15.02% from ₹46.02 crore in December 2022.
R Systems International share price performance
R Systems International share price settled at ₹449 on Wednesday's close, up 1.87%. The stock has dropped over 18% in the year so far. The R Systems International stock price has jumped 78% in the last one year and the three-year return on the scrip is 299%.
A software product development and BPO services company headquartered in New Delhi, R Systems International Ltd helps companies bring products and services to market quicker by using their proprietary pSuite execution framework.
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