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HDFC Bank’s ₹13 dividend, Wipro buyback, Trent bonus: Key corporate actions in Q4FY26
3 min read | Updated on April 27, 2026, 15:23 IST
SUMMARY
HDFC Bank, Wipro, Trent and other NIFTY50 stocks have come out with their Q4 earnings in April 2026. Along with the results, these companies also final dividend, share buyback and bonus shares.
Stock list
Trent announced 1:2 bonus share and final dividend of ₹6 per share for its shareholders.
The March quarter earnings season has remained mixed so far. NIFTY50 companies have come out with muted to steady performance in Q4FY26. Most experts and investment firms have estimated selective strength in a few sectors rather than broad-based growth, while overall revenue and net profit growth are likely to remain muted in mid single digits.
Rising crude oil prices due to the geopolitical tension between the US, Israel and Iran is a major concern for Indian companies as the oil price surge could impact inflation and increase raw material costs and compress margins, especially in sectors like Paints, FMCG, and Aviation. Geopolitical uncertainty has also led to weak spending and slow growth in major economies like the US and Europe, which could impact the IT sector.
Amidst this backdrop, several NIFTY50 companies have come out with their quarterly numbers. Banking sectors continue to remain a strong contributor with large banks like HDFC Bank and ICICI Bank reporting steady profit growth as credit growth and asset quality remain healthy across the banking sector.
The IT sector emerged as a weak link in Q4 earnings so far, as most major IT firms gave weak FY27 guidance. Overall, the IT sector growth remains muted due to weak global demand, especially from the US and Europe.
Meanwhile, NIFTY50 major Reliance Industries reported a 12.6% YoY decline in consolidated net profit to ₹16,971 crore, mainly due to weak O2C margins and West Asia geopolitical factors.
Along with the quarterly results, several companies have also announced corporate actions, including bonus shares, buyback and final dividend.
March quarter corporate actions round-up
| Stock name | Corporate action | Details | Record date | YTD return |
|---|---|---|---|---|
| HDFC Bank | Final Dividend | Final dividend of ₹13 per share | June 19 2026 | ▼20.8% |
| ICICI Bank | Final Dividend | Final dividend of ₹12 per share | Shareholder approval pending | ▼1.2% |
| TCS | Final Dividend | Final dividend of ₹31 per share | Shareholder approval at AGM | ▼23.3% |
| Wipro | Buyback | ₹15,000 crore share buyback at ₹250 per share | Not yet announced | ▼2% |
| Trent | Bonus & dividend | 1:2 bonus and final dividend of ₹6 | Record date not finalised | ▼0.5% |
| Infosys | Final Dividend | Final dividend of ₹25 per share | June 10, 2026 | ▼27.3% |
| HCL Technologies | Final Dividend | Interim dividend of ₹24 per share | April 25, 2026 | ▼24.4% |
| Tech Mahindra | Final Dividend | Final dividend of ₹36 per share | July 3, 2026 | ▼12.2% |
| Reliance Industries | Final Dividend | Final dividend of ₹6 per share | Record date not finalised | ▼13.1% |
| HDFC Life Insurance | Final Dividend | Final dividend of ₹2.1 per share | June 19, 2026 | ▼20.3% |
| Axis Bank | Final Dividend | Final dividend of ₹1 per share | Record date not finalised | ▲4.4% |
| Nestle India | Final Dividend | Final dividend of ₹5 per share | July 10, 2026 | ▲9.8% |
Corporate actions like dividends, bonuses and buyback serve as tangible indicators of a company’s confidence in its earnings stability and cash reserves. For long-term investors, such moves can enhance total return on their investment, while bonuses improve liquidity and accessibility in the market. However, these should be weighed alongside core fundamentals, sustained profitability and industry dynamics.
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