Xchanging Solutions Ltd Dividend 2024 : 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 ₹1,420.91Cr. Its share price is ₹137.10 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Xchanging Solutions Ltd gave ₹34 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 March 2024, Xchanging Solutions Ltd has declared dividend of ₹2 - translating a dividend yield of 24.80%.
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 ₹52.46Cr in the quarter ending March 2024. The revenue grew by 6.73% year on year basis since last quarter.
Xchanging Solutions Ltd’s profits were ₹12.38Cr in the quarter ending March 2024. The profits grew by 12.34% year on year basis since last quarter.
Xchanging Solutions Ltd’s dividend was ₹2 in the quarter ending March 2024.