Cigniti Technologies Limited

BSE:534758 Stock Report

Market Cap: ₹38.0b

Cigniti Technologies Dividend

Dividend criteria checks 2/6

Cigniti Technologies is a dividend paying company with a current yield of 0.22% that is well covered by earnings.

Key information

0.2%

Dividend yield

5%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹3.000
Earnings per share₹48.19
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 534758 has been paying a dividend for less than 10 years.

Growing Dividend: 534758's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Cigniti Technologies Dividend Yield vs Market
How does 534758 dividend yield compare to the market?
SegmentDividend Yield
Company (534758)0.2%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (IT)1.8%
Analyst forecast (534758) (up to 3 years)n/a

Notable Dividend: 534758's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: 534758's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (4.9%), 534758's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (6.6%), 534758's dividend payments are thoroughly covered by cash flows.


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