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. Dev Information Technology's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Dev Information Technology's Dividend Payout Ratio or its related term are showing as below:
NSE:DEVIT'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.64
Current: 0.13
During the past 13 years, the highest Dividend Payout Ratio of Dev Information Technology was 0.64. The lowest was 0.06. And the median was 0.10.
NSE:DEVIT's Dividend Payout Ratio is ranked better than 90.39% of 864
companies
in the Software industry
Industry Median: 0.41
vs NSE:DEVIT: 0.13
During the past 13 years, the highest Trailing Annual Dividend Yield of Dev Information Technology was 0.56%. The lowest was 0.11%. And the median was 0.22%.
During the past 12 months, Dev Information Technology's average Dividends Per Share Growth Rate was -50.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 24.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dev Information Technology was 58.70% per year. The lowest was 0.00% per year. And the median was 13.00% 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.
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology Dividend Payout Ratio Related Terms
Dev Information Technology Dividend Payout Ratio Historical Data
* 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.
Dev Information Technology Dividend Payout Ratio Chart
NSE:DEVIT vs IBM, ACN, FISV: Dividend Payout Ratio Comparison
For the Information Technology Services subindustry, Dev Information Technology'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.
Dev Information Technology Dividend Payout Ratio vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Dev Information Technology's Dividend Payout Ratio falls into.
Dev Information Technology Dividend Payout Ratio Calculation
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.
Dev Information Technology's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Dev Information Technology (NSE:DEVIT) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dev Information Technology and its competitors. Over the past decade, Dev Information Technology's Dividend Payout Ratio has ranged from 0.06 to 0.64. According to the industry distribution chart, Dev Information Technology ranks #83 out of 864 companies in the Software industry, placing it in the top 9.6%.
Is Dev Information Technology's Dividend Payout Ratio too high?
Dev Information Technology's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.64. Based on the distribution chart, Dev Information Technology ranks #83 out of 864 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Dividend Payout Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #83 out of 864 companies for Dividend Payout Ratio. This places Dev Information Technology in the top 10% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.41. Historically, Dev Information Technology's own Dividend Payout Ratio has ranged from 0.06 to 0.64 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 864 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dev Information Technology and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.58, compared to a current price of ₹26.27 — trading 53.6% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Dev Information Technology's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current Dividend Payout Ratio is 0.00 as of Mar. 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹26.27 is trading 53.6% below its estimated GF Value™ of ₹56.58.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
Dividend Payout Ratio: 0.00
GF Value™: ₹56.58 vs. price of ₹26.27 (53.6% below fair value)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score
Get the complete analysis for NSE:DEVIT
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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