TECHM
Tech Mahindra Ltd
₹1,687.50
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 ₹1,65,028.23Cr. Its share price is ₹1,687.50 as on 16 November,2024.
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 3.26%.
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 ₹13,835.30Cr in the quarter ending September 2024. The revenue grew by 5.39% year on year basis since last quarter.
- Tech Mahindra Ltd’s profits were ₹1,250.10Cr in the quarter ending September 2024. The profits grew by 153.11% 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: 3.26%
- 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 |
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