HCL Technology Ltd Dividend yield

 Price  1,085.25
 Dividend  47.97
 Earnings  57.73
 Cash-flow  63.84
 Book value  226.09
 Equity  223.76

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 stock dividend

HCL Technology Ltd paid a total dividend of 130,191 million INR last year, for a market value of 2,945,369 millions (Market Cap 1,177,567 millions). HCL Technology Ltd dividend per share is 47.97 INR, and his stock market price 1,085.25 INR.

According to the chart below, where dividend yield is displayed, HCL Technology Ltd has a dividend yield of 4.42%, 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 stocks dividend with other Software and Computer Services companies or other of the highest India dividend stocks list.

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 47.97 per share, an amount that accounts for 4.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). HCL Technology Ltd payout on ernings is currently 83.09%, which is higher than the market average, and companies of Technology industry, which are 38.61% and 36.70% 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 63.84 per share, which is higher than the dividend per share paid by the company of INR 47.97, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of 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

Below you will find a table with the historical evolution of HCL Technology Ltd'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

Then you can see the evolution of HCL Technology Ltd dividend stock, and compare it with the average of India stocks and that of the Software and Computer Services stocks.

HCL Technology Ltd stock dividend history

HCL Technology Ltd Stock performance

Finally, last moth HCL Technology Ltd showed a return of 0.70% compared to a worldwide -0.50% average, and a 4.38% of Technology firms. Over the last year, the company obtained a -6.70% versus a worldwide performance of a -2.10%. 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