Coforge Dividend
Dividend criteria checks 5/6
Coforge is a dividend paying company with a current yield of 1.65% that is well covered by earnings. Next payment date is on 1st June, 2024 with an ex-dividend date of 15th May, 2024.
Key information
1.6%
Dividend yield
58%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 01 Jun 24 |
Ex dividend date | 15 May 24 |
Dividend per share | n/a |
Earnings per share | ₹130.70 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532541's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532541's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Coforge Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (532541) | 1.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (IT) | 2.1% |
Analyst forecast in 3 Years (532541) | 2.2% |
Notable Dividend: 532541's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 532541's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), 532541's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.7%), 532541's dividend payments are covered by cash flows.