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Tech Mahindra Ltd

₹1,305.65

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 ₹1,27,469.23Cr. Its share price is ₹1,305.65 as on 18 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Tech Mahindra Ltd gave ₹62 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 2023, Tech Mahindra Ltd has declared dividend of ₹12 - translating a dividend yield of 4.75%.

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 ₹13,251.20Cr in the quarter ending March 2024. The revenuefell by -5.51% year on year basis since last quarter.
  • Tech Mahindra Ltd’s profits were ₹661Cr in the quarter ending March 2024. The profits fell by -40.86% year on year basis since last quarter.
  • Tech Mahindra Ltd’s dividend was ₹12 in the quarter ending September 2023.

Tech Mahindra Ltd Dividend related ratios:

  • Last dividend date: 25/10/2023
  • Current Dividend Yield: 4.75%
  • Annual dividend payment: ₹62

Tech Mahindra Ltd Dividend v/s Tech Mahindra Ltd Share price

History of Tech Mahindra Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
21/07/2022
CASH
₹15
13/05/2022
23/07/2022
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FAQs

Tech Mahindra Ltd current market price is ₹1,305.65 per share

Tech Mahindra Ltd has declared dividend worth ₹12 in the last year.

Tech Mahindra Ltd has declared dividend worth ₹12 in the latest quarter.

Tech Mahindra Ltd has declared dividend on 25/10/2023 of ₹12.

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