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Reliable Data Services (NSE:RELIABLE) Forward Dividend Yield % : 0.04% (As of Jun. 15, 2024)


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What is Reliable Data Services Forward Dividend Yield %?

As of today (2024-06-15), the Forward Annual Dividend Yield of Reliable Data Services is 0.04%.

As of today (2024-06-15), the Trailing Annual Dividend Yield of Reliable Data Services is 0.04%.

NSE:RELIABLE's Forward Dividend Yield % is ranked worse than
99.48% of 961 companies
in the Software industry
Industry Median: 2 vs NSE:RELIABLE: 0.04

Reliable Data Services's Dividends per Share for the three months ended in Sep. 2023 was ₹0.02.

During the past 12 months, Reliable Data Services's average Dividends Per Share Growth Rate was 250.00% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Reliable Data Services was -65.80% per year. The lowest was -65.80% per year. And the median was -65.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Reliable Data Services's Forward Dividend Yield %

For the Information Technology Services subindustry, Reliable Data Services's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliable Data Services's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Reliable Data Services's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Reliable Data Services's Forward Dividend Yield % falls into.



Reliable Data Services Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Reliable Data Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.0200002023-09-222023-09-230000-00-00Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Reliable Data Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/52.95
=0.00 %

Current Share Price is ₹52.95.
Reliable Data Services's Dividends per Share for the forward twelve months is calculated as * = .

Reliable Data Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.02/52.95
=0.04 %

Current Share Price is ₹52.95.
Reliable Data Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.02.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reliable Data Services  (NSE:RELIABLE) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Reliable Data Services Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Reliable Data Services's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliable Data Services (NSE:RELIABLE) Business Description

Traded in Other Exchanges
N/A
Address
C-70, Sector - 2, Noida, UP, IND, 201301
Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment makes majority of its revenue for the company. The company provides transaction processing services and payroll services as well.

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