HCL Technology Ltd Dividend yield

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 130,098 million INR last year, for a market value of 3,173,010 millions (Market Cap 1,238,459 millions). HCL Technology Ltd dividend per share is 48.06 INR, and his stock market price 1,172.15 INR.

According to the chart below, where dividend yield is displayed, HCL Technology Ltd has a dividend yield of 4.10%, 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.

HCL Technology Ltd Dividend Payout

About the ability of HCL Technology Ltd to maintain his current dividend of INR 48.06 per share, an amount that accounts for 4.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). HCL Technology Ltd payout on ernings is currently 77.49%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% 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 67.75 per share, which is higher than the dividend per share paid by the company of INR 48.06, 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 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*
Present	4.10%	48.06	77.49%	2,707
2022	4.62%	48.02	83.17%	2,714
2021	1.97%	25.99	63.05%	2,714
2020	1.06%	10.03	21.52%	2,714
2019	0.70%	3.98	9.60%	2,713
2018	0.83%	8.00	11.95%	1,392
2017	1.80%	16.03	25.38%	1,392
2016	2.99%	24.03	44.54%	1,398
2015	2.07%	18.03	38.09%	1,398

*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 performance

Finally, last moth HCL Technology Ltd showed a return of 5.00% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 24.80% 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.