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 ₹1,365.21Cr. Its share price is ₹122.20 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Xchanging Solutions Ltd gave ₹30 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 December 2023, Xchanging Solutions Ltd has declared dividend of ₹15 - translating a dividend yield of 24.55%.
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 ₹47.10Cr in the quarter ending December 2023. The revenue grew by 7.95% year on year basis since last quarter.
Xchanging Solutions Ltd’s profits were ₹-3.54Cr in the quarter ending December 2023. The profits fell by -151.16% year on year basis since last quarter.
Xchanging Solutions Ltd’s dividend was ₹15 in the quarter ending December 2023.