Happiest Minds Technologies Limited

BSE:543227 Stock Report

Mkt Cap: ₹120.2b

Happiest Minds Technologies Dividend

What is Happiest Minds Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.48%

Current Dividend Yield

Dividend Yield vs Market

Happiest Minds Technologies Dividend Yield vs Market
How does 543227 dividend yield compare to the market?
SegmentDividend Yield
Company (543227)0.5%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (IT)1.9%
Analyst forecast in 3 Years (543227)0.5%

Notable Dividend: 543227's dividend (0.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).

High Dividend: 543227's dividend (0.48%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).


Stability and Growth of Payments

How stable has Happiest Minds Technologies's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/20243.81
3/31/20233.81
2/3/202340.48
1/19/202340.47
10/22/202240.43
5/7/202240.42
1/28/20223.50.33
10/29/20213.50.27
5/15/202130.25

Stable Dividend: Whilst dividend payments have been stable, 543227 has been paying a dividend for less than 10 years.

Growing Dividend: 543227's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.1%), 543227's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (171.8%), 543227's dividend payments are not well covered by cash flows.


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