Mindtree Dividend yield

 Price  3,403.75
 Dividend  37.10
 Earnings  101.60
 Cash-flow  91.75
 Book value  333.70
 Equity  297.08

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

Mindtree paid a total dividend of 6,122 million INR last year, for a market value of 561,619 millions (Market Cap 146,669 millions). Dividend per share of Mindtree is 37.10 INR, and his stock market price 3,403.75 INR.

According to the chart below, where dividend yield is displayed, Mindtree has a dividend yield of 1.09%, 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 Mindtree dividend yield with other Software and Computer Services companies or firms from India.

Dividend yield of Mindtree

Mindtree Dividend Payout

About the ability of Mindtree to maintain his current dividend of INR 37.10 per share, an amount that accounts for 1.09%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mindtree payout on ernings is currently 36.52%, which is lower than the market average, but higher than companies of Technology industry, which are 41.59% and 34.78% respectively. Both figures show that Mindtree is in a good position to keep maintaining his dividend.

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 Mindtree is INR 91.75 per share, which is higher than the dividend per share paid by the company of INR 37.10, so the company generates enough cash to maintain his dividend in the future.

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

Mindtree payout

Mindtree Dividend History

No data available

Mindtree Stock performance

Finally, last moth Mindtree showed a return of 7.70% compared to a worldwide 3.75% average, and a 2.95% of Technology firms. Over the last year, the company obtained a -24.20% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for India and Software and Computer Services firms.

Mindtree stock and market return