Dev Information Technology Dividends and Buybacks
Dividend criteria checks 2/6
Dev Information Technology is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 0.8305% |
Recent dividend and buyback updates
Dev Information Technology (NSE:DEVIT) Is Due To Pay A Dividend Of ₹0.25
The board of Dev Information Technology Limited ( NSE:DEVIT ) has announced that it will pay a dividend of ₹0.25 per...Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25
The board of Dev Information Technology Limited ( NSE:DEVIT ) has announced that it will pay a dividend on the 30th of...Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25
Dev Information Technology Limited ( NSE:DEVIT ) will pay a dividend of ₹0.25 on the 30th of October. This means the...Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DEVIT has been paying a dividend for less than 10 years.
Growing Dividend: DEVIT's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Dev Information Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DEVIT) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.5% |
| Industry Average (IT) | 4.0% |
| Analyst forecast (DEVIT) (up to 3 years) | n/a |
Notable Dividend: DEVIT's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: DEVIT's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (0.8%), DEVIT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.6%), DEVIT's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 16:53 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dev Information Technology Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.