IT major Wipro on Thursday announced an interim dividend of Rs 2 per equity share along with its Q1 results, with the record date being fixed on July 27.The company said its board of directors considered and approved a dividend of Rs 2 per equity share (face value Rs 2 each) during its meeting, which will be paid on or before August 14 this year.Wipro dividend record dateOnly shareholders who own Wipro shares in their demat accounts as of the record date (July 27) will be eligible to receive the payout. This comes after the IT major’s Rs 15,000 crore share buyback last month.Wipro had declared an interim dividend of Rs 6 per share earlier this year, and Rs 5 per share in July last year. The company has so far declared 37 dividends since May, 2000 and the stock has a dividend yield of 6.19%, according to data on Trendlyne.Wipro Q1 earningsWipro reported 1% year-on-year (YoY) growth in its consolidated net profit at Rs 3,352 crore in the April-June quarter of FY27, from Rs 3,330 crore reported in the corresponding quarter of the previous financial year. Notably, six brokerages on average had estimated the IT services company to report a 2% YoY rise in net profit.The firm’s revenue meanwhile rose around 11% YoY to Rs 24,478.6 crore during the quarter under review, slightly falling below the 12% estimate. Its revenue in constant currency terms meanwhile rose 0.9% YoY.Laying out the outlook for the ongoing July-September quarter of FY27, Wipro said, “We expect revenue from our IT Services business segment to be in the range of $2,574 million to $2,627 million. This translates to sequential guidance of (-)1.5% to (+)0.5% in constant currency terms.”“Clients are moving beyond technology modernization to AI-enabled operating models that improve quality, resilience, and productivity. Wipro’s consulting-led, AI-powered approach helps clients embed AI at the core of their business, and these engagements reflect both the breadth of our capabilities and the trust clients place in us as a transformation partner,” said Srini Pallia, CEO and Managing Director of Wipro.Wipro share priceWipro shares gained 2% to close at nearly Rs 178 apiece on NSE, before the release of the results. The stock has gained around 3% in one week, but fallen 33% in 2026 so far.In the longer term, the shares of the IT major delivered negative returns of 32% over one year, 12% over three years and 38% over five years.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)