During the past 12 months, Tech Mahindra's average Dividends Per Share Growth Rate was 193.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 29.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tech Mahindra was 81.70% per year. The lowest was -25.00% per year. And the median was 30.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Tech Mahindra's Forward Dividend Yield %
For the Information Technology Services subindustry, Tech Mahindra'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.
Tech Mahindra's Forward Dividend Yield % Distribution in the Software Industry
For the Software industry and Technology sector, Tech Mahindra's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tech Mahindra's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tech Mahindra Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 12.000000
2023-11-02
2023-11-02
2023-11-21
Cash Dividend
semi-annually
INR:INR 1.000000
INR 32.000000
2023-07-21
2023-07-22
2023-08-11
Cash Dividend
annually
INR: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.
Tech Mahindra's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
24
/
1262.30
=
1.90 %
Current Share Price is ₹1262.30. Tech Mahindra's Dividends per Share for the forward twelve months is calculated as ₹12 * 2 = ₹24.
Tech Mahindra's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
44
/
1262.30
=
3.49 %
Current Share Price is ₹1262.30. Tech Mahindra's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹44.
* 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.
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.
Tech Mahindra Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Tech Mahindra's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.
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