Coforge Dividend yield

 Price  5,466.45
 Dividend  69.97
 Earnings  134.31
 Cash-flow  144.62
 Book value  506.15
 Equity  476.28

Coforge is part of Software and Computer Services business, which is part of Technology industry. Coforge is a company from India, and his stocks are publicly traded.

Coforge stock dividend

Coforge paid a total dividend of 4,268 million INR last year, for a market value of 333,453 millions (Market Cap 318,072 millions). Coforge dividend per share is 69.97 INR, and his stock market price 5,466.45 INR.

According to the chart below, where dividend yield is displayed, Coforge has a dividend yield of 1.28%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Coforge stocks dividend with other Software and Computer Services companies or other of the best India dividend stocks list.

Dividend yield of Coforge

Coforge Dividend Payout

About the ability of Coforge to maintain his current dividend of INR 69.97 per share, an amount that accounts for 1.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coforge payout on ernings is currently 52.10%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that Coforge can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Coforge is INR 144.62 per share, which is higher than the dividend per share paid by the company of INR 69.97, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Coforge, compared againt world market average, India companies, Technology industry and Software and Computer Services sector companies.

Coforge payout

Coforge Dividend History

Below you will find a table with the historical evolution of Coforge's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  INR  Paypout  Shares* 

*In millions

Coforge Stock performance

Finally, last moth Coforge showed a return of 16.20% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 53.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Software and Computer Services firms.

Coforge stock and market return