Mastek (BOM:523704) Dividend Payout Ratio : 0.26 (As of Mar. 2024)

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What is Mastek Dividend Payout Ratio?

Mastek's dividend payout ratio for the months ended in Mar. 2024 was 0.26.

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

BOM:523704' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.2 Max: 0.53
Current: 0.2

During the past 13 years, the highest Dividend Payout Ratio of Mastek was 0.53. The lowest was 0.07. And the median was 0.20.

BOM:523704's Dividend Payout Ratio is ranked better than
76.68% of 832 companies
in the Software industry
Industry Median: 0.36 vs BOM:523704: 0.20

As of today (2024-05-23), the Dividend Yield % of Mastek is 0.77%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mastek was 8.57%. The lowest was 0.18%. And the median was 1.37%.

Mastek's Dividends per Share for the months ended in Mar. 2024 was ₹7.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 51.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mastek was 86.60% per year. The lowest was -46.10% per year. And the median was 20.95% per year.

The growth rate is calculated with least square regression.

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

Mastek Dividend Payout Ratio Historical Data

The historical data trend for Mastek'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.

Mastek Dividend Payout Ratio Chart

Mastek Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.31

0.07

0.16

0.19

0.20

Mastek Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.22	-	0.57	-	0.26

Competitive Comparison of Mastek's Dividend Payout Ratio

For the Information Technology Services subindustry, Mastek'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.

Mastek's Dividend Payout Ratio Distribution in the Software Industry

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

* The bar in red indicates where Mastek's Dividend Payout Ratio falls into.

Mastek Dividend Payout Ratio Calculation

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

Mastek'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 )
	=	19	/	94.465
	=	0.20

Mastek'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 )
	=	7	/	27.083
	=	0.26

Mastek (BOM:523704) 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.

Mastek Dividend Payout Ratio Related Terms

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

Mastek (BOM:523704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mastek Ltd (BOM:523704) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MASTEK:India

Address

No 106, SDF IV, Seepz, Andheri (East), Mumbai, MH, IND, 400 096

Website

https://www.mastek.com

Mastek Ltd, along with its subsidiaries is a provider of vertically-focused enterprise technology solutions. The company's offering portfolio consists of information technology consulting, application maintenance, application development, application management outsourcing, testing, data warehousing, business intelligence, and application security. It also focuses on agile consulting, legacy modernisation, Oracle Cloud, Oracle ERP Cloud, product-as-a-service solutions and machine learning, and digital e-commerce. Geographically the company exports its services to the United Kingdom, North America, the Middle East, and Other regions. The United Kingdom region generates maximum revenue for the company.

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