HCL Technology Ltd Dividend yield




   INR/share 
 Price  938.95
 Dividend  47.98
 Earnings  57.96
 Cash-flow  64.31
 Book value  229.01
 Equity  224.65

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

HCL Technology Ltd paid a total dividend of 130,218 million INR last year, for a market value of 2,548,310 millions (Market Cap 1,018,822 millions). Dividend per share of HCL Technology Ltd is 47.98 INR, and his stock market price 938.95 INR.

According to the chart below, where dividend yield is displayed, HCL Technology Ltd has a dividend yield of 5.11%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare HCL Technology Ltd dividend yield with other Software and Computer Services companies or firms from India.

Dividend yield of HCL Technology Ltd

HCL Technology Ltd Dividend Payout

About the ability of HCL Technology Ltd to maintain his current dividend of INR 47.98 per share, an amount that accounts for 5.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). HCL Technology Ltd payout on ernings is currently 82.78%, which is higher than the market average, and companies of Technology industry, which are 40.22% and 34.27% respectively. Both figures show that HCL Technology Ltd 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 HCL Technology Ltd is INR 64.31 per share, which is higher than the dividend per share paid by the company of INR 47.98, so the company generates enough cash to maintain his dividend in the future.

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

HCL Technology Ltd payout

HCL Technology Ltd Dividend History

Year Yield  INR  Paypout  Shares* 
Present5.11%47.9882.78%2,714
20211.97%25.9963.05%2,714
20201.06%10.0321.52%2,714
20190.70%3.989.60%2,713
20180.83%8.0011.95%1,392
20171.80%16.0325.38%1,392
20162.99%24.0344.54%1,398
20152.07%18.0338.09%1,398

*In millions

HCL Technology Ltd Stock performance

Finally, last moth HCL Technology Ltd showed a return of -1.00% compared to a worldwide -0.44% average, and a -1.67% of Technology firms. Over the last year, the company obtained a -20.60% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for India and Software and Computer Services firms.

HCL Technology Ltd stock and market return