LTIMindtree Dividend yield

 Price  5,193.40
 Dividend  60.24
 Earnings  153.20
 Cash-flow  103.87
 Book value  558.43
 Equity  429.13

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

LTIMindtree stock dividend

LTIMindtree paid a total dividend of 17,831 million INR last year, for a market value of 1,537,246 millions (Market Cap 476,289 millions). LTIMindtree dividend per share is 60.24 INR, and his stock market price 5,193.40 INR.

According to the chart below, where dividend yield is displayed, LTIMindtree has a dividend yield of 1.16%, 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 LTIMindtree stocks dividend with other Software and Computer Services companies or other of the high India dividend stocks list.

Dividend yield of LTIMindtree

LTIMindtree Dividend Payout

About the ability of LTIMindtree to maintain his current dividend of INR 60.24 per share, an amount that accounts for 1.16%, we should study its payout ratio both on earnings and on cash-flows (see chart below). LTIMindtree payout on ernings is currently 39.32%, which is lower than the market average, but higher than companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that LTIMindtree 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 LTIMindtree is INR 103.87 per share, which is higher than the dividend per share paid by the company of INR 60.24, so the company generates enough cash to maintain his dividend in the future.

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

LTIMindtree payout

LTIMindtree Dividend History

Below you will find a table with the historical evolution of LTIMindtree'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

LTIMindtree Stock performance

Finally, last moth LTIMindtree showed a return of 6.20% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 11.90% 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.

LTIMindtree stock and market return