During the past 12 months, Tech Mahindra's average Dividends Per Share Growth Rate was 4.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 26.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 22.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tech Mahindra was 81.70% per year. The lowest was -25.00% per year. And the median was 31.55% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
Tech Mahindra Forward Dividend Yield % Related Terms
NSE:TECHM vs IBM, ACN, FISV: Forward Dividend Yield % Comparison
For the Information Technology Services subindustry, Tech Mahindra'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.
Tech Mahindra Forward Dividend Yield % vs Software Industry
For the Software industry and Technology sector, Tech Mahindra's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tech Mahindra's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tech Mahindra Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 15.000000
2025-10-20
2025-10-21
2025-11-06
Cash Dividend
semi-annually
INR:INR 1.000000
INR 30.000000
2025-07-04
2025-07-05
2025-07-31
Cash Dividend
semi-annually
INR: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.
Tech Mahindra's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
30
/
1433.80
=
2.09 %
Current Share Price is ₹1433.80. Tech Mahindra's Dividends per Share for the forward twelve months is calculated as ₹15 * 2 = ₹30.
Tech Mahindra's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
45
/
1433.80
=
3.14 %
Current Share Price is ₹1433.80. Tech Mahindra's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹45.
* 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.
What does a Forward Dividend Yield % of 3.55% mean?
Tech Mahindra (NSE:TECHM) has a Forward Dividend Yield % of 3.55% as of Jun. 29, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Tech Mahindra and its competitors. According to the industry distribution chart, Tech Mahindra ranks #359 out of 999 companies in the Software industry, placing it in the top 35.9%.
Is Tech Mahindra's Forward Dividend Yield % too high?
Tech Mahindra's current Forward Dividend Yield % is 3.55%. The Software industry median Forward Dividend Yield % is 2.55. Tech Mahindra's value of 3.55% is 39.2% above this industry median. Based on the distribution chart, Tech Mahindra ranks #359 out of 999 companies in the Software industry, which is above the industry midpoint. Overall, Tech Mahindra has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tech Mahindra's Forward Dividend Yield % compare to IBM and ACN?
According to the Software industry distribution chart, Tech Mahindra ranks #359 out of 999 companies for Forward Dividend Yield %. This puts Tech Mahindra in the upper half of its industry. The industry median Forward Dividend Yield % is 2.55. Tech Mahindra's value of 3.55% is 39.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Software company?
The median Forward Dividend Yield % among Software companies is 2.55, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tech Mahindra's current Forward Dividend Yield % of 3.55% is 39.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Tech Mahindra and its competitors. For the Software industry, the median Forward Dividend Yield % is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tech Mahindra's current Forward Dividend Yield % is 3.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Mahindra stock overvalued right now?
Based on GuruFocus' analysis, Tech Mahindra (NSE:TECHM) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,562.07, compared to a current price of ₹1,433.80 — trading 8.2% below its estimated fair value. The current Forward Dividend Yield % is 3.55% and 39.2% above the Software industry median of 2.55. Tech Mahindra's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Tech Mahindra (NSE:TECHM), the current Forward Dividend Yield % is 3.55% as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tech Mahindra (NSE:TECHM) Overvalued in 2026?
Based on GuruFocus' analysis, Tech Mahindra stock appears to be undervalued.
The current stock price of ₹1,433.80 is trading 8.2% below its estimated GF Value™ of ₹1,562.07.
GuruFocus considers Tech Mahindra to be Fairly Valued.
Key valuation signals for NSE:TECHM:
Forward Dividend Yield %: 3.55%
GF Value™: ₹1,562.07 vs. price of ₹1,433.80 (8.2% below fair value)
Industry Position: 39.2% above the Software median (#359 of 999)
No single metric tells the full story. See the NSE:TECHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Process Services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.
78GF Score
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