Newgen Software Technologies Dividend
Dividend criteria checks 3/6
Newgen Software Technologies is a dividend paying company with a current yield of 0.44% that is well covered by earnings. Next payment date is on 24th August, 2024 with an ex-dividend date of 16th July, 2024.
Key information
0.4%
Dividend yield
22%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | 24 Aug 24 |
Ex dividend date | 16 Jul 24 |
Dividend per share | n/a |
Earnings per share | ₹18.01 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Newgen Software Technologies (NSE:NEWGEN) Is Increasing Its Dividend To ₹5.00
May 30Newgen Software Technologies (NSE:NEWGEN) Is Paying Out A Larger Dividend Than Last Year
May 05Recent updates
Should You Investigate Newgen Software Technologies Limited (NSE:NEWGEN) At ₹987?
May 21Market Participants Recognise Newgen Software Technologies Limited's (NSE:NEWGEN) Earnings Pushing Shares 29% Higher
May 04Newgen Software Technologies Limited (NSE:NEWGEN) Just Released Its Annual Results And Analysts Are Updating Their Estimates
May 03Is Now The Time To Put Newgen Software Technologies (NSE:NEWGEN) On Your Watchlist?
Mar 26Newgen Software Technologies (NSE:NEWGEN) Will Want To Turn Around Its Return Trends
Feb 21Newgen Software Technologies (NSE:NEWGEN) Seems To Use Debt Rather Sparingly
Feb 06₹990 - That's What Analysts Think Newgen Software Technologies Limited (NSE:NEWGEN) Is Worth After These Results
Jan 19Should You Think About Buying Newgen Software Technologies Limited (NSE:NEWGEN) Now?
Jan 16Earnings Tell The Story For Newgen Software Technologies Limited (NSE:NEWGEN)
Dec 27Here's Why We Think Newgen Software Technologies (NSE:NEWGEN) Might Deserve Your Attention Today
Dec 06Returns On Capital At Newgen Software Technologies (NSE:NEWGEN) Have Hit The Brakes
Sep 28What Does Newgen Software Technologies Limited's (NSE:NEWGEN) Share Price Indicate?
Aug 29Is Newgen Software Technologies (NSE:NEWGEN) Using Too Much Debt?
Aug 11Newgen Software Technologies (NSE:NEWGEN) Is Increasing Its Dividend To ₹5.00
May 30Newgen Software Technologies (NSE:NEWGEN) Is Paying Out A Larger Dividend Than Last Year
May 05I Ran A Stock Scan For Earnings Growth And Newgen Software Technologies (NSE:NEWGEN) Passed With Ease
May 12It Looks Like Shareholders Would Probably Approve Newgen Software Technologies Limited's (NSE:NEWGEN) CEO Compensation Package
Jul 20Newgen Software Technologies (NSE:NEWGEN) Knows How To Allocate Capital Effectively
Jun 30Is Now The Time To Look At Buying Newgen Software Technologies Limited (NSE:NEWGEN)?
May 24Is Newgen Software Technologies Limited (NSE:NEWGEN) A Smart Pick For Income Investors?
Apr 12Do Newgen Software Technologies's (NSE:NEWGEN) Earnings Warrant Your Attention?
Mar 29Newgen Software Technologies Limited's (NSE:NEWGEN) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Mar 15Don't Ignore The Fact That This Insider Just Sold Some Shares In Newgen Software Technologies Limited (NSE:NEWGEN)
Mar 03We Like Newgen Software Technologies' (NSE:NEWGEN) Returns And Here's How They're Trending
Feb 22How Much Is Newgen Software Technologies Limited (NSE:NEWGEN) CEO Getting Paid?
Feb 11Newgen Software Technologies (NSE:NEWGEN) Shareholders Booked A 32% Gain In The Last Year
Jan 31Why Newgen Software Technologies Limited (NSE:NEWGEN) Could Be Worth Watching
Jan 20Does Newgen Software Technologies Limited (NSE:NEWGEN) Have A Place In Your Dividend Portfolio?
Jan 08If You Like EPS Growth Then Check Out Newgen Software Technologies (NSE:NEWGEN) Before It's Too Late
Dec 27Should You Take Comfort From Insider Transactions At Newgen Software Technologies Limited (NSE:NEWGEN)?
Dec 15Is Newgen Software Technologies Limited's (NSE:NEWGEN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 03Newgen Software Technologies (NSE:NEWGEN) Is Growing Earnings But Are They A Good Guide?
Nov 21Newgen Software Technologies (NSE:NEWGEN) Seems To Use Debt Rather Sparingly
Nov 08The Newgen Software Technologies (NSE:NEWGEN) Share Price Has Gained 44% And Shareholders Are Hoping For More
Oct 27We're Watching These Trends At Newgen Software Technologies (NSE:NEWGEN)
Oct 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEWGEN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEWGEN's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Newgen Software Technologies Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NEWGEN) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Software) | 1.2% |
Analyst forecast in 3 Years (NEWGEN) | 0.8% |
Notable Dividend: NEWGEN's dividend (0.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: NEWGEN's dividend (0.44%) 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 (22.2%), NEWGEN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.9%), NEWGEN's dividend payments are well covered by cash flows.