company-logo

Dev Information Technology Limited provides information technology enabled services in India. The company offers enterprise resource planning and customer relationship management applications, and application development solutions; and enterprise mobility services, such as mobile application development and mobile device management services. It also provides infrastructure management services, including incident management, problem management, helpdesk, server management, database administration, network and firewall, and consulting and managed services; planning, licensing, and implementation services for office 365 solutions; and cybersecurity services. In addition, the company offers cloud computing services, including cloud advisory, cloud management, cloud migration, managed backups, disaster recovery, and unified communication solutions; and digital commerce, digital marketing, and document digitization services. Further, it licenses software products; and provides digital signatures and SSL certificates. Additionally, the company offers maintenance services for software products, as well as technical support services; and resells software products. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

Dev Information Technology Dividend Announcement

Dev Information Technology announced a semi annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-26
Dev Information Technology annual dividend for 2024 was ₹0.50
Dev Information Technology annual dividend for 2023 was ₹0.25
Dev Information Technology's trailing twelve-month (TTM) dividend yield is 0.15%
Dev Information Technology's dividend growth over the last five years (2018-2023) was -12.94% year

Dev Information Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-26₹0.25semi annually2024-12-12
2024-09-23₹0.25semi annually2024-10-30
2023-09-22₹0.25semi annually2023-10-30
2022-09-22₹0.50semi annually2022-10-30
2021-08-18₹0.50semi annually2021-09-01
2020-12-22₹0.50semi annually2021-01-29
2019-09-20₹0.50semi annually2019-10-30
2018-09-19₹0.50semi annually2018-09-24
2017-09-20₹0.50semi annually2017-10-29

Dev Information Technology Dividend per year

Dev Information Technology Dividend growth

Dev Information Technology Dividend Yield

Dev Information Technology current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Dev Information Technology stock? Use our calculator to estimate your expected dividend yield:

Dev Information Technology Financial Ratios

P/E ratio21.71
PEG ratio-0.21
P/B ratio5.88
ROE31.70%
Payout ratio0.00%
Current ratio2.25
Quick ratio2.08
Cash Ratio0.08

Dev Information Technology Dividend FAQ

How much is the next Dev Information Technology dividend?
Dev Information Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dev Information Technology dividend. The next Dev Information Technology dividend will be released in September.
When is Dev Information Technology dividend paid?
Dev Information Technology pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September. 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 Dev Information Technology pay?
The specific amount of Dev Information Technology 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 Dev Information Technology's dividend history.
Does Dev Information Technology stock pay dividends?
Yes, Dev Information Technology 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 Dev Information Technology's dividend history.
How much dividend does Dev Information Technology pay?
Dev Information Technology paid ₹0.5 in 2024, ₹0.25 in 2023, ₹0.5 in 2022, ₹0.5 in 2021, and ₹0.5 in 2020.
How often does Dev Information Technology pay dividends?
Dev Information Technology 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 September.
What is Dev Information Technology's dividend yield?
The current dividend yield for Dev Information Technology is 0.15%. 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 Dev Information Technology's exact dividend yield.
When does Dev Information Technology go ex dividend?
Dev Information Technology's ex-dividend date for the latest dividend was on 2024-11-26. Dev Information Technology 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 Dev Information Technology dividend paid?
Dev Information Technology pays dividends on a semi annually basis, typically around September, but the exact dates can vary each year.
Will Dev Information Technology 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 Dev Information Technology 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 Dev Information Technology dividend per share?
Dev Information Technology paid ₹0.5 per share in 2024 and ₹0.25 per share in 2023. The amount of dividend per share that Dev Information Technology 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 Dev Information Technology 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 Dev Information Technology 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 Dev Information Technology a dividend stock?
Yes, Dev Information Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dev Information Technology a good dividend stock?
Whether Dev Information Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dev Information Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Dev Information Technology 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 Dev Information Technology pay dividends monthly?
Dev Information Technology typically pays dividends on a semi annually basis.
Does Dev Information Technology pay dividends quarterly?
Dev Information Technology currently pays dividends on a semi annually basis.
Has Dev Information Technology ever paid a dividend?
Yes, Dev Information Technology has a history of paying dividends to its shareholders. Dev Information Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dev Information Technology dividend stocks?
To buy Dev Information Technology 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 Dev Information Technology 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 Dev Information Technology pay dividends 2024?
Dev Information Technology pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-12. 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 Dev Information Technology increase its dividend in 2024?
Decisions regarding Dev Information Technology 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 Dev Information Technology dividend overview you can look into the above table of dividend history.
How Dev Information Technology dividend works?
The Dev Information Technology 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 Dev Information Technology's dividend process works:

1. Determination of Dividend: Dev Information Technology'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, Dev Information Technology 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, Dev Information Technology 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 Dev Information Technology 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 Dev Information Technology dividends paid?
Dev Information Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Dev Information Technology 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, Dev Information Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Dev Information Technology 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 Dev Information Technology pay dividends?
Dev Information Technology 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 Dev Information Technology pay dividends?
The general pattern is that Dev Information Technology pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dev Information Technology dividend safe?
The safety of Dev Information Technology'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 Dev Information Technology'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 Dev Information Technology'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.