Tech Mahindra Dividend yield

 Price  1,115.55
 Dividend  47.97
 Earnings  49.80
 Cash-flow  56.06
 Book value  286.04
 Equity  282.95

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

Tech Mahindra stock dividend

Tech Mahindra paid a total dividend of 46,627 million INR last year, for a market value of 1,084,315 millions (Market Cap 675,010 millions). Tech Mahindra dividend per share is 47.97 INR, and his stock market price 1,115.55 INR.

According to the chart below, where dividend yield is displayed, Tech Mahindra has a dividend yield of 4.30%, 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 Tech Mahindra stocks dividend with other Software and Computer Services companies or other of the highest India dividend stocks list.

Dividend yield of Tech Mahindra

Tech Mahindra Dividend Payout

About the ability of Tech Mahindra to maintain his current dividend of INR 47.97 per share, an amount that accounts for 4.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tech Mahindra payout on ernings is currently 96.33%, which is higher than the market average, and companies of Technology industry, which are 39.87% and 38.12% respectively. Both figures show that Tech Mahindra 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 Tech Mahindra is INR 56.06 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 Tech Mahindra, compared againt world market average, India companies, Technology industry and Software and Computer Services sector companies.

Tech Mahindra payout

Tech Mahindra Dividend History

Below you will find a table with the historical evolution of Tech Mahindra'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 Tech Mahindra dividend stock, and compare it with the average of India stocks and that of the Software and Computer Services stocks.

Tech Mahindra stock dividend history

Tech Mahindra Stock performance

Finally, last moth Tech Mahindra showed a return of 9.00% compared to a worldwide -2.16% average, and a 6.00% of Technology firms. Over the last year, the company obtained a -5.50% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for India and Software and Computer Services firms.

Tech Mahindra stock and market return