Coforge Dividend
Dividend criteria checks 5/6
Coforge is a dividend paying company with a current yield of 1.2% that is well covered by earnings. Next payment date is on 21st August, 2024 with an ex-dividend date of 2nd August, 2024.
Key information
1.2%
Dividend yield
61%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 21 Aug 24 |
| Ex dividend date | 02 Aug 24 |
| Dividend per share | ₹76.000 |
| Earnings per share | ₹116.34 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Coforge (NSE:COFORGE) Has Affirmed Its Dividend Of ₹19.00
Jul 26
Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹19.00
May 05Recent updates
Coforge (NSE:COFORGE) Has Affirmed Its Dividend Of ₹19.00
Jul 26Coforge Limited's (NSE:COFORGE) 26% Share Price Surge Not Quite Adding Up
Jun 09Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
May 24Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹19.00
May 05Getting In Cheap On Coforge Limited (NSE:COFORGE) Might Be Difficult
Apr 16Here's Why Coforge (NSE:COFORGE) Can Manage Its Debt Responsibly
Feb 19Earnings Update: Here's Why Analysts Just Lifted Their Coforge Limited (NSE:COFORGE) Price Target To ₹6,390
Jan 25Shareholders Should Be Pleased With Coforge Limited's (NSE:COFORGE) Price
Jan 02Capital Investment Trends At Coforge (NSE:COFORGE) Look Strong
Dec 01Is Coforge (NSE:COFORGE) A Risky Investment?
Nov 16Investors Shouldn't Overlook Coforge's (NSE:COFORGE) Impressive Returns On Capital
Aug 18Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Jun 28The Trend Of High Returns At Coforge (NSE:COFORGE) Has Us Very Interested
May 19Coforge (NSE:COFORGE) Has Announced That It Will Be Increasing Its Dividend To ₹19.00
May 04Coforge (NSE:COFORGE) Ticks All The Boxes When It Comes To Earnings Growth
Apr 29Investors Should Be Encouraged By Coforge's (NSE:COFORGE) Returns On Capital
Feb 14Coforge (NSE:COFORGE) Is Increasing Its Dividend To ₹19.00
Jan 24Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
Jan 17Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Dec 09Coforge (NSE:COFORGE) Knows How To Allocate Capital Effectively
Nov 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COFORGE's dividend payments have been volatile in the past 10 years.
Growing Dividend: COFORGE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Coforge Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COFORGE) | 1.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (IT) | 1.8% |
| Analyst forecast in 3 Years (COFORGE) | 1.7% |
Notable Dividend: COFORGE's dividend (1.2%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: COFORGE's dividend (1.2%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), COFORGE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.5%), COFORGE's dividend payments are covered by cash flows.