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HCL Technologies (NSE:HCLTECH) Forward Dividend Yield % : 3.81% (As of May. 02, 2024)


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What is HCL Technologies Forward Dividend Yield %?

As of today (2024-05-02), the Forward Annual Dividend Yield of HCL Technologies is 3.81%.

As of today (2024-05-02), the Trailing Annual Dividend Yield of HCL Technologies is 3.81%.

NSE:HCLTECH's Forward Dividend Yield % is ranked better than
77.92% of 942 companies
in the Software industry
Industry Median: 1.98 vs NSE:HCLTECH: 3.81

HCL Technologies's Dividends per Share for the three months ended in Mar. 2024 was ₹12.00.

During the past 12 months, HCL Technologies's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 63.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 80.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 33.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HCL Technologies was 112.50% per year. The lowest was -25.30% 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.


Competitive Comparison of HCL Technologies's Forward Dividend Yield %

For the Information Technology Services subindustry, HCL Technologies'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.


HCL Technologies's Forward Dividend Yield % Distribution in the Software Industry

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

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



HCL Technologies Forward Dividend Yield % Calculation

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

HCL Technologies Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 12.0000002024-01-192024-01-202024-01-31Cash DividendquarterlyINR:INR 1.000000
INR 12.0000002023-10-202023-10-202023-10-31Cash DividendquarterlyINR:INR 1.000000
INR 10.0000002023-07-202023-07-202023-08-01Cash DividendquarterlyINR: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.

HCL Technologies's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=48/1366.60
=3.51 %

Current Share Price is ₹1366.60.
HCL Technologies's Dividends per Share for the forward twelve months is calculated as ₹12 * 4 = ₹48.

HCL Technologies's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=34/1366.60
=2.49 %

Current Share Price is ₹1366.60.
HCL Technologies's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹34.

* 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.


HCL Technologies  (NSE:HCLTECH) 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.


HCL Technologies Forward Dividend Yield % Related Terms

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HCL Technologies (NSE:HCLTECH) Business Description

Traded in Other Exchanges
Address
Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201 304
HCL Technologies Ltd provides enterprises with IT solutions in India. It focuses on offering Digital, Internet of Things Services, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services to solve business problems for clients. While the company is based in India, it has international clients in a large number of countries. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments IT and Business Services, Engineering and R&D Services, and Products and Platforms. The firm emphasizes consultation services for firms, with the goal to offer them digital and design solutions. Most of the firm's revenue comes from IT and Business Services segment.

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