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Dividend of Tech Mahindra Ltd

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Tech Mahindra Ltd

NSE: TECHM

Dividend Payout (Interim)

₹ 15

Ex-Dividend Date: Oct 31, 2024

Key Highlights

  • Tech Mahindra Ltd dividend yield is 2.34%.
  • Tech Mahindra Ltd has declared 6 dividends since 2022.
  • In the past 12 months, Tech Mahindra Ltd has given a dividend of ₹43.00 per share.
  • The Latest Trading Price of Tech Mahindra Ltd is ₹ 1705 as of 10 Jan 15:30 .

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Monitoring Tech Mahindra Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Tech Mahindra Ltd

Fiscal Year
leftDividend Payout (₹)right
2024-2515
2023-2428
2023-2412
2022-2332
2022-2318

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Tech Mahindra Ltd

NSE: TECHM

Share Price

₹ 1705.35

62.05 (3.78%)

stock direction

Last updated on: Jan 10, 2025

Company Fundamentals for Tech Mahindra Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Tech Mahindra Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Tech Mahindra Ltd

Historical Market Cap of Tech Mahindra Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tech Mahindra Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Tech Mahindra Ltd News Hub

Tech Mahindra hits 52-week high after board OKs to sell 103 acres land to Mahindra University

Mahindra University (MU) a university established under the Telangana State Private Universities (Es

Read more

2024-08-20 00:00:00

Tech Mahindra to sell 103 acres land and building to Mahindra University

Tech Mahindra has approved the sale of and admeasuring approx. 103 acres and buildings admeasuring b

Read more

2024-08-20 00:00:00

Tech Mahindra allots 59,082 equity shares under ESOP

Tech Mahindra has allotted 59,082 equity shares of Rs 5/- each of the Company under ESOP on 14 Augus

Read more

2024-08-14 00:00:00

Tech Mahindra announces cessation of directors

Tech Mahindra announced the cessation of T.N. Manoharan & M. Rajyalakshmi Rao as Independent Directo

Read more

2024-08-01 00:00:00

About Tech Mahindra Ltd

  • Tech Mahindra Limited is a leading provider of consulting-led integrated portfolio services to customers including Telecom Equipment Manufacturers, Telecom Service Providers and IT Infrastructure Service Providers, Business Process Outsourcing Service Providers as well as Enterprise Solutions Services (BFSI, Retail & Logistics, Manufacturing, Energy and Utility (E&U), and Healthcare, Life Sciences, etc.) of Information Technology (IT) and IT-enabled services delivered through a network of multiple locations around the globe.
  • It provides IT services, including IT enabled Services, Application Development and Maintenance, Consulting and Enterprise Business Solutions, Extended Engineering Solutions and Infrastructure Management Services to a diversified base of corporate customers in a wide range of industries including Insurance, Banking and Financial Services, Manufacturing, Telecommunications, Transportation and Engineering Services.

FAQs for Dividends of Tech Mahindra Ltd

What is the current market price of Tech Mahindra Ltd as of January 12, 2025?

The current market price of Tech Mahindra Ltd stands at 1705.3 per share.

What dividend did Tech Mahindra Ltd declare in the last fiscal year?

In the last fiscal year, Tech Mahindra Ltd declared a dividend totaling ₹50.0.

What is the most recent dividend declared by Tech Mahindra Ltd?

Tech Mahindra Ltd has declared dividend worth ₹15.0 in the latest quarter..

How many times has Tech Mahindra Ltd declared dividends in the current fiscal year?

Tech Mahindra Ltd has declared dividends 2 times totaling ₹15 in the current fiscal year (FY2024-2025).

How many times did Tech Mahindra Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Tech Mahindra Ltd declared dividends 4 times totaling ₹50.0.

What is Dividend Yield of Tech Mahindra Ltd?

The Tech Mahindra Ltd's Dividend Yield is 2.3 as of January 12, 2025

Will I get Tech Mahindra Ltd dividend if I have shares?

If you purchase Tech Mahindra Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Tech Mahindra Ltd dividend if I sell my shares?

Shareholders who sell their Tech Mahindra Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Tech Mahindra Ltd dividend?

To be eligible for the Tech Mahindra Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Tech Mahindra Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Tech Mahindra Ltd dividend amount will be automatically credited to your bank account.

Will I get Tech Mahindra Ltd dividend if I have shares?

If you purchase Tech Mahindra Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.

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