Coforge (COFORGE.NS) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Coforge announced a quarterly dividend of ₹19.00 per ordinary share, payable on 2024-11-03, with an ex-dividend date of 2024-10-11. Coforge typically pays dividends four times a year, compared to ₹76.00 in 2024.
Find details on Coforge's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 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 |
Dividend Increase
Coforge's dividend growth over the last five years (2020-2024) was 55.04% per year, while over the last ten years (2015-2024), it was 29.77% per year. In comparison, Persistent Systems has seen an average growth rate of 32.77% over the past five years and Mphasis's growth rate was 19.17%.
By comparing Coforge's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Coforge's current trailing twelve-month (TTM) dividend yield is 0.89%. Over the last 12 months, Coforge has maintained this yield, but how does it compare to similar stocks? For example, Persistent Systems offers a yield of 0.43%, while Mphasis provides a yield of 1.98%. Comparing similar stocks can help investors assess Coforge's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Coforge (COFORGE.NS) | 0.89% | ₹76 | ₹8583.35 |
| Persistent Systems (PERSISTENT.NS) | 0.43% | ₹42 | ₹6126.65 |
| Mphasis (MPHASIS.NS) | 1.98% | ₹55 | ₹2844.85 |
Dividend Yield Calculator
Interested in purchasing Coforge stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Coforge has a payout ratio of 0.00%. In comparison, Persistent Systems has a payout ratio of 0.32%, while L&T Technology Services's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Coforge
- Global presence Operates globally with a presence in multiple countries
- Key Segments Diversified into various industries including technology, healthcare, and consumer goods
- Products/Services Offers a range of products/services in sectors such as finance, pharmaceuticals, and electronics
- Financial stability Strong financial performance with consistent dividends and growth potential for investors
Frequently Asked Question
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 ₹0.0 in 2025, ₹76.0 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 0.89%. 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 2024-10-11. 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 ₹0.0 per share in 2025 and ₹76.0 per share in 2024. 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.