TECHM

Tech Mahindra Ltd

₹1,657.85

Tech Mahindra Ltd Dividend 2024 : Should Tech Mahindra Ltd be a part of your dividend portfolio?

Tech Mahindra Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,62,246.90Cr. Its share price is ₹1,657.85 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Tech Mahindra Ltd gave ₹55 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Technology stocks do not always pay a dividend but as Tech Mahindra Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Tech Mahindra Ltd has declared dividend of ₹15 - translating a dividend yield of 3.32%.

Let's look at Tech Mahindra Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Tech Mahindra Ltd’s revenue were ₹13,308.70Cr in the quarter ending December 2024. The revenue grew by 0.87% year on year basis since last quarter.
Tech Mahindra Ltd’s profits were ₹983.20Cr in the quarter ending December 2024. The profits grew by 92.63% year on year basis since last quarter.
Tech Mahindra Ltd’s dividend was ₹15 in the quarter ending September 2024.

Tech Mahindra Ltd Dividend related ratios:

Last dividend date: 19/10/2024
Current Dividend Yield: 3.32%
Annual dividend payment: ₹55

History of Tech Mahindra Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
31/10/2024	CASH	₹15	19/10/2024	01/11/2024
19/07/2024	CASH	₹28	25/04/2024	20/07/2024
02/11/2023	CASH	₹12	25/10/2023	02/11/2023
21/07/2023	CASH	₹32	27/04/2023	22/07/2023
09/11/2022	CASH	₹18	01/11/2022	10/11/2022