Tech Mahindra Dividends and Buybacks
Dividend criteria checks 4/6
Tech Mahindra is a dividend paying company with a current yield of 2.35%.
Key information
2.3%
Dividend yield
-0.008%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 9.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹40.000 |
| Payout ratio | 116% |
Recent dividend and buyback updates
Recent updates
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) | 2.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (IT) | 2.0% |
| Analyst forecast (532755) (up to 3 years) | 3.6% |
Notable Dividend: 532755's dividend (2.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532755's dividend (2.35%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.3%), 532755's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.3%), 532755's dividend payments are covered by cash flows.