Wipro Dividend yield

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

Wipro stock dividend

Wipro paid a total dividend of 32,868 million INR last year, for a market value of 2,237,215 millions (Market Cap 602,879 millions). Wipro dividend per share is 6.00 INR, and his stock market price 408.40 INR.

According to the chart below, where dividend yield is displayed, Wipro has a dividend yield of 1.47%, 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 Wipro stocks dividend with other Software and Computer Services companies or other of the highest India dividend stocks list.

Wipro Dividend Payout

About the ability of Wipro to maintain his current dividend of INR 6.00 per share, an amount that accounts for 1.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Wipro payout on ernings is currently 27.03%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Wiprocan maintain his current 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 Wipro is INR 24.90 per share, which is higher than the dividend per share paid by the company of INR 6.00, so the company generates enough cash to maintain his dividend in the future.

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

Wipro Dividend History

Below you will find a table with the historical evolution of Wipro'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	1.47%	6.00	27.03%	5,478
2022	1.53%	6.01	25.25%	5,465
2021	0.28%	2.00	9.70%	5,460
2020	0.45%	1.74	9.86%	5,691
2019	0.31%	0.76	4.64%	5,688
2018	0.60%	1.99	11.01%	4,524
2017	0.48%	1.51	8.45%	4,916
2016	1.29%	6.00	16.38%	2,458
2015	2.09%	11.98	33.64%	2,458

*In millions

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

Wipro Stock performance

Finally, last moth Wipro showed a return of 0.80% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a -1.20% 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.