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Tech Mahindra Ltd

₹1,616.45

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 ₹1,56,844.11Cr. Its share price is ₹1,616.45 as on 4 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Tech Mahindra Ltd gave ₹72 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 March 2024, Tech Mahindra Ltd has declared dividend of ₹28 - translating a dividend yield of 4.45%.

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 ₹13,152.80Cr in the quarter ending June 2024. The revenuefell by -1.54% year on year basis since last quarter.
  • Tech Mahindra Ltd’s profits were ₹851.50Cr in the quarter ending June 2024. The profits grew by 22.96% year on year basis since last quarter.
  • Tech Mahindra Ltd’s dividend was ₹28 in the quarter ending March 2024.

Tech Mahindra Ltd Dividend related ratios:

  • Last dividend date: 25/04/2024
  • Current Dividend Yield: 4.45%
  • Annual dividend payment: ₹72

History of Tech Mahindra Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
21/07/2022
CASH
₹15
13/05/2022
23/07/2022
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Tech Mahindra Ltd Dividend v/s Tech Mahindra Ltd Share price

FAQs

Tech Mahindra Ltd current market price is ₹1,616.45 per share

Tech Mahindra Ltd has declared dividend worth ₹40 in the last year.

Tech Mahindra Ltd has declared dividend worth ₹28 in the latest quarter.

Tech Mahindra Ltd has declared dividend on 25/04/2024 of ₹28.

Tech Mahindra Ltd has declared dividend 1 times of ₹28 in the current financial year (FY2024-2025)

Tech Mahindra Ltd has declared dividend 2 times of ₹44 in the previous financial year (FY2023-2024)