Happiest Minds Technologies Dividends and Buybacks
Dividend criteria checks 3/6
Happiest Minds Technologies is a dividend paying company with a current yield of 0.78% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
0.8%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 33.2% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | ₹5.750 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) After Its Second-Quarter Report
Nov 17
Investors Could Be Concerned With Happiest Minds Technologies' (NSE:HAPPSTMNDS) Returns On Capital
Sep 20Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Using Too Much Debt?
Jun 05What Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) P/E Is Not Telling You
Mar 29Happiest Minds Technologies (NSE:HAPPSTMNDS) Has A Pretty Healthy Balance Sheet
Feb 10Capital Allocation Trends At Happiest Minds Technologies (NSE:HAPPSTMNDS) Aren't Ideal
Jan 15Happiest Minds Technologies (NSE:HAPPSTMNDS) Is Increasing Its Dividend To ₹2.50
Oct 21Here's Why Happiest Minds Technologies (NSE:HAPPSTMNDS) Has Caught The Eye Of Investors
Jun 21Many Would Be Envious Of Happiest Minds Technologies' (NSE:HAPPSTMNDS) Excellent Returns On Capital
Jun 04News Flash: Analysts Just Made A Notable Upgrade To Their Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Forecasts
May 14Returns on Capital Paint A Bright Future For Happiest Minds Technologies (NSE:HAPPSTMNDS)
Feb 21Why We Like The Returns At Happiest Minds Technologies (NSE:HAPPSTMNDS)
Sep 13Happiest Minds Technologies (NSE:HAPPSTMNDS) Is Paying Out Less In Dividends Than Last Year
Jun 08Happiest Minds Technologies' (NSE:HAPPSTMNDS) Shareholders Will Receive A Smaller Dividend Than Last Year
May 10Earnings Update: Here's Why Analysts Just Lifted Their Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Price Target To ₹1,510
Feb 01The Trend Of High Returns At Happiest Minds Technologies (NSE:HAPPSTMNDS) Has Us Very Interested
Dec 09Does Happiest Minds Technologies (NSE:HAPPSTMNDS) Deserve A Spot On Your Watchlist?
Sep 21Happiest Minds Technologies' (NSE:HAPPSTMNDS) Promising Earnings May Rest On Soft Foundations
Jun 17Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) Shares Climb 31% But Its Business Is Yet to Catch Up
Feb 17Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) Stock Been Rising: Are Strong Financials Guiding The Market?
Jan 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HAPPSTMNDS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HAPPSTMNDS's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Happiest Minds Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HAPPSTMNDS) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (IT) | 2.0% |
| Analyst forecast (HAPPSTMNDS) (up to 3 years) | 1.5% |
Notable Dividend: HAPPSTMNDS's dividend (0.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: HAPPSTMNDS's dividend (0.78%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21%), HAPPSTMNDS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35%), HAPPSTMNDS's dividend payments are well covered by cash flows.