Continued demand for high-margin IT staffing segments should aid overall growth, said the company
In an attempt to allay investors’ concerns on capital allocation, Quess Corp. Ltd has announced a new dividend policy. The temporary staffing company would be using around 33% of its free cash flows to returnto its shareholders over three years, and has started by announcing its first ever dividend of ₹7 per share. “This move adds to investor confidence after a string of sub-optimal capital-allocation decisions," analysts at ICICI Securities Ltd said in a report on 7 June.
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