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.
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.
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.
HCL Technologies Dividend Yield % Historical Data
The historical data trend for HCL Technologies's Dividend Yield % 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.
Competitive Comparison of HCL Technologies's Dividend Yield %
For the Information Technology Services subindustry, HCL Technologies's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Software Industry
For the Software industry and Technology sector, HCL Technologies's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where HCL Technologies's Dividend Yield % falls into.
HCL Technologies 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 12.000000
2024-01-19
2024-01-20
2024-01-31
Cash Dividend
quarterly
INR:INR 1.000000
INR 12.000000
2023-10-20
2023-10-20
2023-10-31
Cash Dividend
quarterly
INR:INR 1.000000
INR 10.000000
2023-07-20
2023-07-20
2023-08-01
Cash Dividend
quarterly
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.
HCL Technologies's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Thank you for viewing the detailed overview of HCL Technologies's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
HCL Technologies (NSE:HCLTECH) Business Description
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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