Datamatics Global Services Limited provides information technology (IT), business process management, consulting, and engineering services in India, the United States, Europe, and internationally. The company operates through two segments, IT Services and Business Process Management. It offers TruBot, a digital workforce product that enables unattended and attended automation for a range of tasks and processes; TruCap+, an intelligent document processing solution; iPM, an intelligent process manager and a web-based workflow system; and True Test, a robotic test automation solution. The company also provides Trade Finance, a business accelerator solution that automates trade lifecycle; TruFare, an automated fare collection system for rapid transit systems; TruBI, a business intelligence and data visualization tool; and TrueAI, an artificial intelligence and cognitive sciences platform. It serves banking and finance, media and publishing, healthcare, transportation, insurance, manufacturing and logistics, travel and hospitality, retail and e-commerce, market research, education technology, and international organizations. The company was formerly known as Datamatics Technologies Limited and changed its name to Datamatics Global Services Limited in January 2009. The company was founded in 1975 and is based in Mumbai, India. Datamatics Global Services Limited is a subsidiary of Delta Infosolutions Private Limited.
Datamatics Global Services Dividend Announcement
• Datamatics Global Services announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-25
• Datamatics Global Services annual dividend for 2024 was ₹5.00
• Datamatics Global Services annual dividend for 2023 was ₹1.25
• Datamatics Global Services's trailing twelve-month (TTM) dividend yield is 0.85%
Datamatics Global Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-25 | ₹5.00 | annually | 2024-08-31 |
2023-09-22 | ₹1.25 | annually | 2023-10-29 |
2022-07-21 | ₹1.25 | annually | 2022-08-28 |
2021-08-24 | ₹2.50 | annually | 2021-09-10 |
2019-08-05 | ₹1.00 | annually | 2019-09-12 |
2018-08-06 | ₹0.25 | annually | 2018-09-13 |
2018-03-27 | ₹0.50 | annually | 2018-04-20 |
2017-09-05 | ₹0.75 | annually | 2017-10-14 |
2016-09-06 | ₹0.25 | annually | 2016-10-15 |
2016-03-30 | ₹0.50 | annually | 2016-04-20 |
2015-08-20 | ₹0.65 | annually | 2015-09-27 |
2014-10-08 | ₹0.35 | annually | 2014-10-23 |
2014-09-16 | ₹1.25 | annually | |
2014-08-25 | ₹1.25 | annually | 2014-10-23 |
2013-09-17 | ₹1.00 | annually | 2013-10-24 |
2012-09-20 | ₹0.75 | annually | 2012-10-26 |
Datamatics Global Services Dividend per year
Datamatics Global Services Dividend growth
Datamatics Global Services Dividend Yield
Datamatics Global Services current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing Datamatics Global Services stock? Use our calculator to estimate your expected dividend yield:
Datamatics Global Services Financial Ratios
Datamatics Global Services Dividend FAQ
Other factors to consider when evaluating Datamatics Global Services 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.
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1. Determination of Dividend: Datamatics Global Services'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, Datamatics Global Services 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, Datamatics Global Services 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 Datamatics Global Services 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. Record Date: Datamatics Global Services 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, Datamatics Global Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Datamatics Global Services 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.
To assess the safety of Datamatics Global Services'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 Datamatics Global Services'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.