CYIENT
Cyient Ltd
₹1,935.20
Cyient Ltd Dividend 2023 : Should Cyient Ltd be a part of your dividend portfolio?
Cyient Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹21,550.79Cr. Its share price is ₹1,935.20 as on 30 November,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cyient Ltd gave ₹28 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 Cyient Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Cyient Ltd has declared dividend of ₹12 - translating a dividend yield of 1.45%.
Let's look at Cyient Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Cyient Ltd’s revenue were ₹1,792Cr in the quarter ending September 2023. The revenue grew by 26.56% year on year basis since last quarter.
- Cyient Ltd’s profits were ₹178.30Cr in the quarter ending September 2023. The profits grew by 125.41% year on year basis since last quarter.
- Cyient Ltd’s dividend was ₹12 in the quarter ending September 2023.
Cyient Ltd Dividend related ratios:
- Last dividend date: 19/10/2023
- Current Dividend Yield: 1.45%
- Annual dividend payment: ₹28
History of Cyient Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
01/11/2023 | CASH | ₹12 | 19/10/2023 | 01/11/2023 |
12/06/2023 | CASH | ₹16 | 20/04/2023 | 13/06/2023 |
25/10/2022 | CASH | ₹10 | 13/10/2022 | 27/10/2022 |
23/05/2022 | CASH | ₹14 | 21/04/2022 | 25/05/2022 |
26/10/2021 | CASH | ₹10 | 14/10/2021 | 27/10/2021 |
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