Happiest Minds Technologies Dividend
What is Happiest Minds Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 3/31/2024 | 3.8 | 1 |
| 3/31/2023 | 3.8 | 1 |
| 2/3/2023 | 4 | 0.48 |
| 1/19/2023 | 4 | 0.47 |
| 10/22/2022 | 4 | 0.43 |
| 5/7/2022 | 4 | 0.42 |
| 1/28/2022 | 3.5 | 0.33 |
| 10/29/2021 | 3.5 | 0.27 |
| 5/15/2021 | 3 | 0.25 |
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.