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Tech Mahindra (Tech Mahindra) 3-Year Dividend Growth Rate : 30.10% (As of Mar. 2024)


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What is Tech Mahindra 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Tech Mahindra's 3-Year Dividend Growth Rate or its related term are showing as below:

TCHQY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -25   Med: 30.3   Max: 81.7
Current: 30.1

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.

TCHQY's 3-Year Dividend Growth Rate is ranked better than
79.16% of 547 companies
in the Software industry
Industry Median: 14.5 vs TCHQY: 30.10

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Tech Mahindra's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Tech Mahindra's Dividend Yield % is 0.00%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tech Mahindra Ltd is 1.74, which seems too high.

Good Sign:

Tech Mahindra Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Tech Mahindra's 3-Year Dividend Growth Rate

For the Information Technology Services subindustry, Tech Mahindra's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Tech Mahindra's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tech Mahindra's 3-Year Dividend Growth Rate falls into.



Tech Mahindra 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Tech Mahindra  (GREY:TCHQY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Tech Mahindra's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Tech Mahindra was 1.74. The lowest was 0.18. And the median was 0.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tech Mahindra Ltd is 1.74, which seems too high.

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

During the past 13 years, the highest Dividend Yield of Tech Mahindra was 4.77%. The lowest was 0.20%. And the median was 1.40%.

Good Sign:

Tech Mahindra Ltd stock dividend yield is close to 3-year high.

* 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.


Tech Mahindra 3-Year Dividend Growth Rate Related Terms>


Tech Mahindra (Tech Mahindra) Business Description

Industry
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

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