Coforge Limited provides information technology (IT) and IT enabled services in India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific. It offers digital process automation services, including workflow/process management, artificial intelligence (AI) and predictive analytics, robotic process automation, and case management; digital services, such as digital integration, Salesforce, MuleSoft, digital interactive and advisory, automation, digital innovation, and innovation as a services; and cloud and infrastructure management services comprising cloud, workplace, cybersecurity, data center, and always on network, as well as service integration services. The company also provides cybersecurity services, which include security incident management platform, managed automated security testing and enhanced remediation, intelligent detection and response of threats, access control and entity management, governance risk management and compliance, and secure adaptive fortified endpoints, as well as phishing, analysis, and training and testing platform. In addition, it offers AI and cognitive, business analytics, and data engineering services; advanced application engineering services, including development, operations, and quality engineering services; business process solutions; and media solutions, such as print design services and marketing solutions. The company serves insurance, travel, transportation, hospitality, banking and financial services, healthcare and life sciences, public sector, hi-tech and manufacturing, media and entertainment, and retail and consumer goods industries. Coforge Limited has strategic alliances with Kong Inc. for cloud API services; and Newgen Software Technologies Limited to enhance digital operations for organizations. The company was formerly known as NIIT Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in New Delhi, India.
Coforge Dividend Announcement
• Coforge announced a quarterly dividend of ₹19.00 per ordinary share which will be made payable on 2024-11-03. Ex dividend date: 2024-10-12
• Coforge annual dividend for 2024 was ₹95.00
• Coforge annual dividend for 2023 was ₹76.00
• Coforge's trailing twelve-month (TTM) dividend yield is 1.19%
• Coforge's dividend growth over the last five years (2018-2023) was 38.34% year
• Coforge's dividend growth over the last ten years (2013-2023) was 24.49% year
Coforge Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-12 | ₹19.00 | quarterly | 2024-11-03 |
| 2024-10-11 | ₹19.00 | quarterly | 2024-11-03 |
| 2024-08-02 | ₹19.00 | quarterly | 2024-08-21 |
| 2024-05-15 | ₹19.00 | quarterly | 2024-06-01 |
| 2024-02-05 | ₹19.00 | quarterly | 2024-02-21 |
| 2023-11-02 | ₹19.00 | quarterly | 2023-11-18 |
| 2023-08-03 | ₹19.00 | quarterly | 2023-08-19 |
| 2023-05-10 | ₹19.00 | quarterly | 2023-05-27 |
| 2023-02-03 | ₹19.00 | quarterly | 2023-02-19 |
| 2022-11-03 | ₹13.00 | quarterly | 2022-11-19 |
| 2022-08-03 | ₹13.00 | quarterly | 2022-08-21 |
| 2022-05-23 | ₹13.00 | quarterly | 2022-06-11 |
| 2022-02-07 | ₹13.00 | quarterly | 2022-02-26 |
| 2021-11-03 | ₹13.00 | quarterly | 2021-11-24 |
| 2021-08-09 | ₹13.00 | quarterly | 2021-08-27 |
| 2021-05-18 | ₹13.00 | quarterly | 2021-06-05 |
| 2020-05-14 | ₹11.00 | quarterly | 2020-06-04 |
| 2020-02-07 | ₹10.00 | quarterly | 2020-02-28 |
| 2019-11-04 | ₹10.00 | quarterly | 2019-11-22 |
| 2018-09-12 | ₹15.00 | quarterly | 2018-10-28 |
| 2017-09-14 | ₹12.50 | quarterly | 2017-10-22 |
| 2016-07-22 | ₹10.00 | quarterly | |
| 2015-07-23 | ₹9.50 | quarterly | |
| 2014-06-26 | ₹9.00 | quarterly | |
| 2013-06-20 | ₹8.50 | quarterly |
Coforge Dividend per year
Coforge Dividend growth
Coforge Dividend Yield
Coforge current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Coforge stock? Use our calculator to estimate your expected dividend yield:
Coforge Financial Ratios
P/E ratio66.54
PEG ratio-48.46
P/B ratio8.87
ROE18.95%
Payout ratio0.00%
Current ratio1.44
Quick ratio2.21
Cash Ratio0.44
Coforge Dividend FAQ
How much is the next Coforge dividend?
Coforge's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Coforge dividend. The next Coforge dividend will be released in February, May, August, or November.
When is Coforge dividend paid?
Coforge pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Coforge pay?
The specific amount of Coforge 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 Coforge's dividend history.
Does Coforge stock pay dividends?
Yes, Coforge 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 Coforge's dividend history.
How much dividend does Coforge pay?
Coforge paid ₹95.0 in 2024, ₹76.0 in 2023, ₹52.0 in 2022, ₹39.0 in 2021, and ₹21.0 in 2020.
How often does Coforge pay dividends?
Coforge typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Coforge's dividend yield?
The current dividend yield for Coforge is 1.19%. 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 Coforge's exact dividend yield.
When does Coforge go ex dividend?
Coforge's ex-dividend date for the latest dividend was on 2024-10-12. Coforge 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 Coforge dividend paid?
Coforge pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Coforge 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 Coforge 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 Coforge dividend per share?
Coforge paid ₹95.0 per share in 2024 and ₹76.0 per share in 2023. The amount of dividend per share that Coforge 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 Coforge 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 Coforge 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 Coforge a dividend stock?
Yes, Coforge is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Coforge a good dividend stock?
Whether Coforge is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Coforge has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Coforge 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.
Other factors to consider when evaluating Coforge 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 Coforge pay dividends monthly?
Coforge typically pays dividends on a quarterly basis.
Does Coforge pay dividends quarterly?
Coforge currently pays dividends on a quarterly basis.
Has Coforge ever paid a dividend?
Yes, Coforge has a history of paying dividends to its shareholders. Coforge is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Coforge dividend stocks?
To buy Coforge 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 Coforge 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.
Place an order: Use the brokerage's trading platform to place an order to buy Coforge 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 Coforge pay dividends 2024?
Coforge pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-03. 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 Coforge increase its dividend in 2024?
Decisions regarding Coforge 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 Coforge dividend overview you can look into the above table of dividend history.
How Coforge dividend works?
The Coforge 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 Coforge's dividend process works:
1. Determination of Dividend: Coforge'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, Coforge 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, Coforge 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 Coforge 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.
1. Determination of Dividend: Coforge'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, Coforge 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, Coforge 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 Coforge 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 Coforge dividends paid?
Coforge dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Coforge 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, Coforge distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Coforge 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.
1. Record Date: Coforge 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, Coforge distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Coforge 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 Coforge pay dividends?
Coforge typically pays dividends on a quarterly 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 Coforge pay dividends?
The general pattern is that Coforge pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Coforge dividend safe?
The safety of Coforge'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 Coforge'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 Coforge'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.
To assess the safety of Coforge'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 Coforge'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.