Dev Information Technology (NSE:DEVIT) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Dev Information Technology Dividend Payout Ratio?

Dev Information Technology's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Dev Information Technology's Dividend Payout Ratio or its related term are showing as below:

NSE:DEVIT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 0.64
Current: 0.06

During the past 12 years, the highest Dividend Payout Ratio of Dev Information Technology was 0.64. The lowest was 0.06. And the median was 0.09.

NSE:DEVIT's Dividend Payout Ratio is ranked better than
97.13% of 836 companies
in the Software industry
Industry Median: 0.37 vs NSE:DEVIT: 0.06

As of today (2024-06-09), the Dividend Yield % of Dev Information Technology is 0.22%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Dev Information Technology was 0.83%. The lowest was 0.11%. And the median was 0.21%.

Dev Information Technology's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dev Information Technology was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Dev Information Technology Dividend Payout Ratio Historical Data

The historical data trend for Dev Information Technology's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dev Information Technology Dividend Payout Ratio Chart

Dev Information Technology Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.10

0.64

0.29

0.06

Dev Information Technology Quarterly Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	5.00	-	-

Competitive Comparison of Dev Information Technology's Dividend Payout Ratio

For the Information Technology Services subindustry, Dev Information Technology's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dev Information Technology's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Dev Information Technology's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dev Information Technology's Dividend Payout Ratio falls into.

Dev Information Technology Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Dev Information Technology's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.25	/	4.18
	=	0.06

Dev Information Technology's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	1.86
	=	0.00

Dev Information Technology (NSE:DEVIT) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Dev Information Technology Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dev Information Technology's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Dev Information Technology (NSE:DEVIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dev Information Technology Ltd (NSE:DEVIT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

543462:India

Address

Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.devitpl.com

Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services, and licensing among others. It operates in a single segment being IT and IT enabled services.

Dev Information Technology (NSE:DEVIT) Headlines

No Headlines