Xchanging Solutions Ltd Dividend 2023 : Should Xchanging Solutions Ltd be a part of your dividend portfolio?
Xchanging Solutions Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,022.43Cr. Its share price is ₹91.75 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Xchanging Solutions Ltd gave ₹15 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 Xchanging Solutions Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Xchanging Solutions Ltd has declared dividend of ₹15 - translating a dividend yield of 16.35%.
Let's look at Xchanging Solutions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Xchanging Solutions Ltd’s revenue were ₹47.86Cr in the quarter ending June 2023. The revenue grew by 4.48% year on year basis since last quarter.
Xchanging Solutions Ltd’s profits were ₹-8.97Cr in the quarter ending June 2023. The profits fell by -159.96% year on year basis since last quarter.
Xchanging Solutions Ltd’s dividend was ₹15 in the quarter ending June 2023.