Tata Technologies Ltd Dividend 2024 : Should Tata Technologies Ltd be a part of your dividend portfolio?
Tata Technologies Ltd is one of the most popular IT - Software company in the world with a market capitalisation of ₹40,792Cr. Its share price is ₹1,004.95 as on 9 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tata Technologies Ltd gave ₹10.05 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
IT - Software stocks do not always pay a dividend but as Tata Technologies Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Tata Technologies Ltd has declared dividend of ₹8.40 - translating a dividend yield of 1%.
Let's look at Tata Technologies Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Tata Technologies Ltd’s revenue were ₹1,312.88Cr in the quarter ending September 2024. The revenue grew by 1.07% year on year basis since last quarter.
Tata Technologies Ltd’s profits were ₹157.41Cr in the quarter ending September 2024. The profits fell by -1.85% year on year basis since last quarter.
Tata Technologies Ltd’s dividend was ₹8.40 in the quarter ending March 2024.
Tata Technologies Ltd Dividend related ratios:
Last dividend date: 03/05/2024
Current Dividend Yield: 1%
Annual dividend payment: ₹10.05
History of Tata Technologies Ltd's Dividend payments