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Tech Mahindra (Tech Mahindra) Forward Dividend Yield % : 0.00% (As of Jun. 16, 2024)


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What is Tech Mahindra Forward Dividend Yield %?

As of today (2024-06-16), the Forward Annual Dividend Yield of Tech Mahindra is 0.00%.

As of today (2024-06-16), the Trailing Annual Dividend Yield of Tech Mahindra is 0.00%.

TCHQY's Forward Dividend Yield % is not ranked *
in the Software industry.
Industry Median: 2
* Ranked among companies with meaningful Forward Dividend Yield % only.

Tech Mahindra's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, Tech Mahindra's average Dividends Per Share Growth Rate was 193.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 29.40% 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 30.30% 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 Tech Mahindra's Forward Dividend Yield %

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's Forward Dividend Yield % Distribution in the 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.



Tech Mahindra Forward Dividend Yield % Calculation

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


Tech Mahindra  (GREY:TCHQY) 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.


Tech Mahindra Forward Dividend Yield % Related Terms

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Tech Mahindra (Tech Mahindra) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
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 Processing Outsourcing. 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's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

Tech Mahindra (Tech Mahindra) Headlines

From GuruFocus

Tech Mahindra Buys Iconic Agency, BORN Group

By PRNewswire PRNewswire 11-27-2019