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Cigniti Technologies Limited provides software testing services worldwide. The company offers digital assurance services, such as artificial intelligence, Internet of Things, blockchain, big data and analytics, and mobile testing services, as well as digital assurance and testing, robotic process automation, cloud migration assurance, and 5G assurance services. It also provides quality engineering services, including DevOps testing, compatibility testing, functional testing, performance testing, security testing, regression testing, test automation, and crowdsourced testing. In addition, the company offers enterprise application assurance services comprising medical device testing, ERP testing, and salesforce testing; and test management services, such as agile testing, service virtualization, and test data management; and test advisory and transformation services. It serves the airlines, banking, communications, energy and utilities, financial services, healthcare and life sciences, insurance, logistics, manufacturing, media and entertainment, retail and ecommerce, and travel and hospitality industries. The company was formerly known as Chakkilam Infotech Limited. Cigniti Technologies Limited was incorporated in 1998 and is headquartered in Hyderabad, India.

Cigniti Technologies Dividend Announcement

Cigniti Technologies announced a semi annually dividend of ₹3.00 per ordinary share which will be made payable on 2023-12-03. Ex dividend date: 2023-11-16
Cigniti Technologies annual dividend for 2023 was ₹5.50
Cigniti Technologies's trailing twelve-month (TTM) dividend yield is 0.21%

Cigniti Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-16₹3.00semi annually2023-12-03
2023-06-09₹2.50semi annually2023-08-15
2022-06-16₹2.50semi annually2022-07-23
2021-05-27₹2.50semi annually2021-07-04

Cigniti Technologies Dividend per year

Cigniti Technologies Dividend growth

Cigniti Technologies Dividend Yield

Cigniti Technologies current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing Cigniti Technologies stock? Use our calculator to estimate your expected dividend yield:

Cigniti Technologies Financial Ratios

P/E ratio27.74
PEG ratio65.52
P/B ratio4.74
ROE18.69%
Payout ratio0.00%
Current ratio4.30
Quick ratio4.30
Cash Ratio0.73

Cigniti Technologies Dividend FAQ

How much is the next Cigniti Technologies dividend?
Cigniti Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cigniti Technologies dividend. The next Cigniti Technologies dividend will be released in June.
When is Cigniti Technologies dividend paid?
Cigniti Technologies pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cigniti Technologies pay?
The specific amount of Cigniti Technologies dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cigniti Technologies's dividend history.
Does Cigniti Technologies stock pay dividends?
Yes, Cigniti Technologies does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cigniti Technologies's dividend history.
How much dividend does Cigniti Technologies pay?
Cigniti Technologies paid ₹0.0 in 2024, ₹5.5 in 2023, ₹2.5 in 2022, ₹2.5 in 2021, and ₹0.0 in 2020.
How often does Cigniti Technologies pay dividends?
Cigniti Technologies typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Cigniti Technologies's dividend yield?
The current dividend yield for Cigniti Technologies is 0.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cigniti Technologies's exact dividend yield.
When does Cigniti Technologies go ex dividend?
Cigniti Technologies's ex-dividend date for the latest dividend was on 2023-11-16. Cigniti Technologies typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cigniti Technologies dividend paid?
Cigniti Technologies pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Cigniti Technologies increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cigniti Technologies will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cigniti Technologies dividend per share?
Cigniti Technologies paid ₹0.0 per share in 2024 and ₹5.5 per share in 2023. The amount of dividend per share that Cigniti Technologies pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cigniti Technologies a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cigniti Technologies a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cigniti Technologies a dividend stock?
Yes, Cigniti Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cigniti Technologies a good dividend stock?
Whether Cigniti Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cigniti Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Cigniti Technologies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Cigniti Technologies pay dividends monthly?
Cigniti Technologies typically pays dividends on a semi annually basis.
Does Cigniti Technologies pay dividends quarterly?
Cigniti Technologies currently pays dividends on a semi annually basis.
Has Cigniti Technologies ever paid a dividend?
Yes, Cigniti Technologies has a history of paying dividends to its shareholders. Cigniti Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cigniti Technologies dividend stocks?
To buy Cigniti Technologies you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Cigniti Technologies stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Cigniti Technologies pay dividends 2024?
Cigniti Technologies pays dividends on a semi annually basis. 2024 dividend payments are in 2023-12-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cigniti Technologies increase its dividend in 2024?
Decisions regarding Cigniti Technologies dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cigniti Technologies dividend overview you can look into the above table of dividend history.
How Cigniti Technologies dividend works?
The Cigniti Technologies dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cigniti Technologies's dividend process works:

1. Determination of Dividend: Cigniti Technologies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Cigniti Technologies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Cigniti Technologies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Cigniti Technologies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Cigniti Technologies dividends paid?
Cigniti Technologies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Cigniti Technologies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Cigniti Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Cigniti Technologies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Cigniti Technologies pay dividends?
Cigniti Technologies typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cigniti Technologies pay dividends?
The general pattern is that Cigniti Technologies pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cigniti Technologies dividend safe?
The safety of Cigniti Technologies's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Cigniti Technologies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Cigniti Technologies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.