Tech Mahindra Dividend
Dividend criteria checks 4/6
Tech Mahindra is a dividend paying company with a current yield of 4.43%. Next payment date is on 9th August, 2024 with an ex-dividend date of 19th July, 2024.
Key information
4.4%
Dividend yield
150%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 09 Aug 24 |
| Ex dividend date | 19 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹26.72 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532755's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532755's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tech Mahindra Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532755) | 4.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (IT) | 2.0% |
| Analyst forecast in 3 Years (532755) | 4.8% |
Notable Dividend: 532755's dividend (4.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532755's dividend (4.43%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (150%), 532755's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.5%), 532755's dividend payments are covered by cash flows.