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HCL Technologies (NSE:HCLTECH) 3-Year Dividend Growth Rate : 63.00% (As of Mar. 2024)


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What is HCL Technologies 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for HCL Technologies's 3-Year Dividend Growth Rate or its related term are showing as below:

NSE:HCLTECH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -25.3   Med: 26   Max: 112.5
Current: 63

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.

NSE:HCLTECH's 3-Year Dividend Growth Rate is ranked better than
94.55% of 550 companies
in the Software industry
Industry Median: 14.5 vs NSE:HCLTECH: 63.00

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

HCL Technologies's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.82. As of today, HCL Technologies's Dividend Yield % is 3.81%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HCL Technologies Ltd is 0.90, which seems too high.

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


Competitive Comparison of HCL Technologies's 3-Year Dividend Growth Rate

For the Information Technology Services subindustry, HCL Technologies's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, HCL Technologies's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where HCL Technologies's 3-Year Dividend Growth Rate falls into.



HCL Technologies 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


HCL Technologies  (NSE:HCLTECH) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

HCL Technologies'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 )
=12/ 14.67
=0.82

During the past 13 years, the highest Dividend Payout Ratio of HCL Technologies was 0.90. The lowest was 0.11. And the median was 0.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HCL Technologies Ltd is 0.90, which seems too high.

2. 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 Dividend Yield (%) for Today is calculated as

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.

During the past 13 years, the highest Dividend Yield of HCL Technologies was 5.15%. The lowest was 0.29%. And the median was 1.70%.

* 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 3-Year Dividend Growth Rate Related Terms>


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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