Tech Mahindra Dividend yield




A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   INR per share 
 Price  546.25
 Dividend  23.98
 Earnings  48.77
 Cash-flow  45.90
 Book value  210.10
 Equity  202.37

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 paid a total dividend of 23,141 million INR last year, for a market value of 527,131 millions (Market Cap 252,906 millions). Dividend per share of Tech Mahindra is 23.98 INR, and his stock market price 546.25 INR.

According to the chart below, where dividend yield is displayed, Tech Mahindra has a dividend yield of 4.39%, 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 dividend yield with other Software and Computer Services companies or firms from India.

Dividend yield of Tech Mahindra

Tech Mahindra Dividend Payout

About the ability of Tech Mahindra to maintain his current dividend of INR 23.98 per share, an amount that accounts for 4.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tech Mahindra payout on ernings is currently 49.17%, which is higher than the market average, and companies of Technology industry, which are 41.09% and 32.57% 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 45.90 per share, which is higher than the dividend per share paid by the company of INR 23.98, so the company generates enough cash to maintain his dividend in the future.

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

Tech Mahindra payout

Tech Mahindra Stock performance

Finally, last moth Tech Mahindra showed a return of -3.40% compared to a worldwide 10.27% average, and a 12.63% of Technology firms. Over the last year, the company obtained a -34.70% versus a worldwide performance of a -13.38%. More detailed information can be seen in the following graph for India and Software and Computer Services firms.

Tech Mahindra stock and market return

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