Mindteck (India) Limited provides engineering and information technology (IT services in the United States, India, and internationally. The company offers cybersecurity, product development, software applications, Internet of Things (IoT) solution deployment and commissioning, and IoT enablement consulting services; embedded design, embedded verification and validation services, and system solutions; product lifecycle management consulting, advisory, system implementation and administration, system validation/testing, program management, and system integration/data migration services. It also provides mobile strategy consulting, user experience, design and development, and mobility testing services; hybrid cloud appliance, interoperable cloud storage, and business data analytics services; business intelligence, information/data management, big data services, advanced analytics, and analytics on unstructured data; and IT security services. In addition, it offers system and integration, specialized, software product, cloud based testing services, test strategy, automation, and infrastructure services; product engineering, re-engineering, and sustenance services; data center transformation and IT infrastructure management services; custom application development, application maintenance and management, legacy modernization, and performance engineering and enhancement services; application and enterprise systems integration, business process management, packaged application, SAP solutions, and service oriented architecture services; and smart city solutions. Further, the company sources and deploys IT talent. It serves Fortune 1000 companies, start-ups, universities, and government entities. The company was formerly known as Hinditron Informatics Limited and changed its name to Mindteck (India) Limited in September 1999. The company was incorporated in 1991 and is headquartered in Bengaluru, India. Mindteck (India) Limited is a subsidiary of Embtech Holdings Limited.
Mindteck Dividend Announcement
• Mindteck announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-08. Ex dividend date: 2024-08-02
• Mindteck annual dividend for 2024 was ₹1.00
• Mindteck annual dividend for 2023 was ₹1.00
• Mindteck's trailing twelve-month (TTM) dividend yield is 0.27%
Mindteck Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-02 | ₹1.00 | annually | 2024-09-08 |
| 2023-08-04 | ₹1.00 | annually | 2023-09-10 |
| 2022-08-04 | ₹1.00 | annually | 2022-09-11 |
| 2019-08-06 | ₹1.00 | annually | 2019-09-13 |
| 2018-09-12 | ₹1.00 | annually | 2018-10-28 |
| 2017-08-03 | ₹1.00 | annually | 2017-09-10 |
Mindteck Dividend per year
Mindteck Dividend growth
Mindteck Dividend Yield
Mindteck current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Mindteck stock? Use our calculator to estimate your expected dividend yield:
Mindteck Financial Ratios
P/E ratio39.00
PEG ratio0.39
P/B ratio3.91
ROE11.01%
Payout ratio0.00%
Current ratio5.13
Quick ratio5.13
Cash Ratio0.96
Mindteck Dividend FAQ
How much is the next Mindteck dividend?
Mindteck's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mindteck dividend. The next Mindteck dividend will be released in August.
When is Mindteck dividend paid?
Mindteck pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Mindteck pay?
The specific amount of Mindteck 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 Mindteck's dividend history.
Does Mindteck stock pay dividends?
Yes, Mindteck 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 Mindteck's dividend history.
How much dividend does Mindteck pay?
Mindteck paid ₹1 in 2024, ₹1 in 2023, ₹1 in 2022, ₹0 in 2021, and ₹0 in 2020.
How often does Mindteck pay dividends?
Mindteck typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Mindteck's dividend yield?
The current dividend yield for Mindteck is 0.27%. 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 Mindteck's exact dividend yield.
When does Mindteck go ex dividend?
Mindteck's ex-dividend date for the latest dividend was on 2024-08-02. Mindteck 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 Mindteck dividend paid?
Mindteck pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Mindteck 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 Mindteck 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 Mindteck dividend per share?
Mindteck paid ₹1 per share in 2024 and ₹1 per share in 2023. The amount of dividend per share that Mindteck 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 Mindteck 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 Mindteck 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 Mindteck a dividend stock?
Yes, Mindteck is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mindteck a good dividend stock?
Whether Mindteck is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mindteck has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mindteck 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 Mindteck 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 Mindteck pay dividends monthly?
Mindteck typically pays dividends on a annually basis.
Does Mindteck pay dividends quarterly?
Mindteck currently pays dividends on a annually basis.
Has Mindteck ever paid a dividend?
Yes, Mindteck has a history of paying dividends to its shareholders. Mindteck is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mindteck dividend stocks?
To buy Mindteck 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 Mindteck 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 Mindteck 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 Mindteck pay dividends 2024?
Mindteck pays dividends on a annually basis. 2024 dividend payments are in 2024-09-08. 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 Mindteck increase its dividend in 2024?
Decisions regarding Mindteck 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 Mindteck dividend overview you can look into the above table of dividend history.
How Mindteck dividend works?
The Mindteck 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 Mindteck's dividend process works:
1. Determination of Dividend: Mindteck'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, Mindteck 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, Mindteck 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 Mindteck 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: Mindteck'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, Mindteck 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, Mindteck 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 Mindteck 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 Mindteck dividends paid?
Mindteck dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mindteck 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, Mindteck distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mindteck 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: Mindteck 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, Mindteck distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mindteck 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 Mindteck pay dividends?
Mindteck typically pays dividends on a 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 Mindteck pay dividends?
The general pattern is that Mindteck pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mindteck dividend safe?
The safety of Mindteck'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 Mindteck'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 Mindteck'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 Mindteck'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 Mindteck'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.