Coforge (NSE:COFORGE) Dividend Payout Ratio : 0.63 (As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Coforge Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Coforge's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.63.

The historical rank and industry rank for Coforge's Dividend Payout Ratio or its related term are showing as below:

NSE:COFORGE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.29 Max: 0.59
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of Coforge was 0.59. The lowest was 0.15. And the median was 0.29.

NSE:COFORGE's Dividend Payout Ratio is ranked worse than
70.19% of 862 companies
in the Software industry
Industry Median: 0.38 vs NSE:COFORGE: 0.57

As of today (2024-12-15), the Dividend Yield % of Coforge is 0.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Coforge was 2.63%. The lowest was 0.23%. And the median was 1.35%.

Coforge's Dividends per Share for the months ended in Sep. 2024 was ₹19.00.

During the past 12 months, Coforge's average Dividends Per Share Growth Rate was 8.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 90.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 44.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Coforge was 90.50% per year. The lowest was -4.20% per year. And the median was 14.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Coforge Dividend Payout Ratio Historical Data

The historical data trend for Coforge's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Coforge Dividend Payout Ratio Chart

Coforge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.29

0.15

0.49

0.59

Coforge Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.66	0.50	0.53	0.65	0.63

Competitive Comparison of Coforge's Dividend Payout Ratio

For the Information Technology Services subindustry, Coforge's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Coforge's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Coforge's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Coforge's Dividend Payout Ratio falls into.

Coforge Dividend Payout Ratio Calculation

Coforge's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	76	/	129.59
	=	0.59

Coforge's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	19	/	30.14
	=	0.63

Coforge (NSE:COFORGE) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Coforge Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Coforge's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Coforge Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Coforge Ltd (NSE:COFORGE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

532541:India

Address

Special Economic Zone, Plot No. TZ-2& 2A, Sector- Tech Zone, Greater Noida, UP, IND, 201308

Website

https://www.coforge.com

Coforge Ltd provides a variety of information technology services. The firm's services include infrastructure management, business processes outsourcing, application and network testing, systems integration IP asset-based solutions, application development and maintenance, managed services, cloud computing, and digital services among others. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include the Americas, India, Europe, Middle East and Africa, and Asia Pacific. It generates maximum revenue from the Americas.

Coforge Headlines

No Headlines