DEVIT
Dev Information Technology Ltd
₹118.80
Dev Information Technology Ltd Dividend 2024 : Should Dev Information Technology Ltd be a part of your dividend portfolio?
Dev Information Technology Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹262.07Cr. Its share price is ₹118.80 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Dev Information Technology Ltd gave ₹0.50 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 Dev Information Technology Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Dev Information Technology Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.42%.
Let's look at Dev Information Technology Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Dev Information Technology Ltd’s revenue were ₹31.97Cr in the quarter ending December 2023. The revenuefell by -4.17% year on year basis since last quarter.
- Dev Information Technology Ltd’s profits were ₹1.70Cr in the quarter ending December 2023. The profits fell by -40.35% year on year basis since last quarter.
- Dev Information Technology Ltd’s dividend was ₹0.25 in the quarter ending March 2023.
Dev Information Technology Ltd Dividend related ratios:
- Last dividend date: 16/05/2023
- Current Dividend Yield: 0.42%
- Annual dividend payment: ₹0.50
History of Dev Information Technology Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2023 | CASH | ₹0.25 | 16/05/2023 | 23/09/2023 |
22/09/2022 | CASH | ₹0.25 | 25/05/2022 | 24/09/2022 |
18/08/2021 | CASH | ₹0.50 | 29/06/2021 | 21/08/2021 |
22/12/2020 | CASH | ₹0.50 | 30/07/2020 | 24/12/2020 |
20/09/2019 | CASH | ₹0.50 | 30/05/2019 | 24/09/2019 |
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