Wipro Dividends and Buybacks
Dividend criteria checks 4/6
Wipro is a dividend paying company with a current yield of 1.88% that is well covered by earnings.
Key information
1.9%
Dividend yield
-0.0007%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0693 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Wipro Faces Demand Softness In Europe And Longer-Term Questions (Downgrade)
Jan 07Wipro: Fade The IT Services Bounce
Sep 05Wipro: Focus On Peer's Performance And Long-Term Potential
Apr 03Wipro: On The Recovery Path
Jan 15Wipro Gains Large Clients Despite Tough Demand Environment
Oct 31Wipro: Growth In The AI Digital Age
Aug 25Wipro Faces Soft Client Discretionary Spending Amid Macro Uncertainties
Jun 28Wipro goes ex dividend tomorrow
Jan 23Wipro Q3 2023 Earnings Preview
Jan 12Wipro to enable application transformation for Mazda Europe
Dec 15Wipro to launch dedicated VMware-focused business unit
Nov 08Wipro appoints Suzanne Dann as CEO for Americas 2 Strategic Market Unit
Oct 20Wipro Q2 2023 Earnings Preview
Oct 11Wipro: Results Fall Short Again As Profit Outlook Remains Bleak
Jul 27Wipro Q1 2023 Earnings Preview
Jul 19Wipro: Valuation Discount Warranted Amid Slowing Growth
May 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WIT's dividend payments have been volatile in the past 10 years.
Growing Dividend: WIT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wipro Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WIT) | 1.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (IT) | 2.0% |
| Analyst forecast (WIT) (up to 3 years) | 3.0% |
Notable Dividend: WIT's dividend (1.88%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: WIT's dividend (1.88%) is low compared to the top 25% of dividend payers in the US market (4.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), WIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.5%), WIT's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/10 00:25 |
| End of Day Share Price | 2025/02/10 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
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 |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Wipro Limited is covered by 96 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashwin Mehta | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Mohit Jain | Anand Rathi Shares and Stock Brokers Limited |