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XTGlobal Infotech (BOM:531225) Forward Dividend Yield % : 0.24% (As of May. 15, 2024)


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What is XTGlobal Infotech Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of XTGlobal Infotech is 0.24%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of XTGlobal Infotech is 0.12%.

BOM:531225's Forward Dividend Yield % is ranked worse than
94.7% of 943 companies
in the Software industry
Industry Median: 2 vs BOM:531225: 0.24

XTGlobal Infotech's Dividends per Share for the three months ended in Dec. 2023 was ₹0.05.

The growth rate is calculated with least square regression.

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


Competitive Comparison of XTGlobal Infotech's Forward Dividend Yield %

For the Software - Application subindustry, XTGlobal Infotech's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


XTGlobal Infotech's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, XTGlobal Infotech's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where XTGlobal Infotech's Forward Dividend Yield % falls into.



XTGlobal Infotech Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

XTGlobal Infotech Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.0500002023-11-242023-11-242023-12-11Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

XTGlobal Infotech's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/41.36
=0.24 %

Current Share Price is ₹41.36.
XTGlobal Infotech's Dividends per Share for the forward twelve months is calculated as ₹0.05 * 2 = ₹0.1.

XTGlobal Infotech's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.05/41.36
=0.12 %

Current Share Price is ₹41.36.
XTGlobal Infotech's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.05.

* 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.


XTGlobal Infotech  (BOM:531225) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


XTGlobal Infotech Forward Dividend Yield % Related Terms

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XTGlobal Infotech (BOM:531225) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 31 (Part) and 32, 3rd Floor, Tower A, Ramky Selenium, Financial District, Nanakramguda, Hyderabad, TG, IND, 500 032
XTGlobal Infotech Ltd is a software development company. The company is engaged in providing Application Transformation Management, Cloud and Infrastructure, Digital Business Services, Quality Assurance, and Product Engineering. Its Oracle enterprise solutions include Oracle Cloud, Migrations and upgrades, Implementations, Support managed services, Oracle integrations and Oracle Analytics.

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