Happiest Minds Technologies Limited offers IT solutions and services in India, the United States, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, and the Middle East. It operates through three segments: Infrastructure Management & Security Services (IMSS); Digital Business Solutions (DBS); and Product Engineering Services (PES). The IMSS segment provides security services, including cyber and infrastructure security, governance, risk and compliance, data privacy and security, identity and access management, and threat and vulnerability management; infrastructure services comprises of DC and hybrid cloud services, workspace services, service automation, database and middleware services, and software defined infrastructure services; and advisory, transformation, managed and hosted services, and secure intelligence solutions. The DBS segment offers enterprise applications and customized solutions, comprising of advisory, design and architecture, custom-app development, package implementation, and testing and on-going support services to IT initiatives. The PES segment assists software product companies in building products and services that integrates mobile, cloud, and social technologies. The company also provides Internet of Things (IoT) solutions, consisting of digital strategy creation consultation, end-to-end system integration on IoT platforms, IoT security and managed services, implementation of IoT roadmap, and derivation of insights. In addition, it offers analytics/artificial intelligence solutions, including implementation of advanced analytics using artificial intelligence, machine learning and statistical models, and engineering big data platforms; and digital process automation solutions, such as robotic process automation, intelligent business process management, and cognitive automation using AI and machine learning based models. The company was incorporated in 2011 and is headquartered in Bengaluru, India.
Happiest Minds Technologies Dividend Announcement
• Happiest Minds Technologies announced a semi annually dividend of ₹3.25 per ordinary share which will be made payable on 2024-07-28. Ex dividend date: 2024-06-14
• Happiest Minds Technologies annual dividend for 2024 was ₹3.25
• Happiest Minds Technologies annual dividend for 2023 was ₹5.90
• Happiest Minds Technologies's trailing twelve-month (TTM) dividend yield is 0.43%
Happiest Minds Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ₹3.25 | semi annually | 2024-07-28 |
2023-10-30 | ₹2.50 | semi annually | 2023-11-17 |
2023-07-07 | ₹3.40 | semi annually | 2023-08-16 |
2022-11-02 | ₹2.00 | semi annually | 2022-11-19 |
2022-06-23 | ₹2.00 | semi annually | 2022-07-30 |
2021-11-09 | ₹1.75 | semi annually | 2021-11-26 |
2021-06-29 | ₹3.00 | semi annually | 2021-08-06 |
Happiest Minds Technologies Dividend per year
Happiest Minds Technologies Dividend growth
Happiest Minds Technologies Dividend Yield
Happiest Minds Technologies current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Happiest Minds Technologies stock? Use our calculator to estimate your expected dividend yield:
Happiest Minds Technologies Financial Ratios
Happiest Minds Technologies Dividend FAQ
Other factors to consider when evaluating Happiest Minds 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.
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1. Determination of Dividend: Happiest Minds 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, Happiest Minds 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, Happiest Minds 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 Happiest Minds 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.
1. Record Date: Happiest Minds 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, Happiest Minds 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: Happiest Minds 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.
To assess the safety of Happiest Minds 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 Happiest Minds 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.