Mphasis Limited operates as an information technology solutions provider that specializes in cloud and cognitive services worldwide. The company operates through Banking and Financial Service; Logistics and transportation; Technology Media and Telecom; Insurance; and Others segments. It offers application, blockchain, business process, cognitive, cyber security, DevOps, digital, enterprise automation, design, infrastructure, modernization, data, product engineering, and cloud, as well as governance, risk, and compliance services. The company serves banking and capital markets, asset management, corporate banking, investment banking, mortgage, retail banking, and wealth management and brokerage industries, as well as insurance, healthcare and life sciences, payments, hospitality, travel and transportation, communications, energy and utilities, logistics, manufacturing, oil and gas, and public sectors. Mphasis Limited was incorporated in 1992 and is based in Bengaluru, India.
Mphasis Dividend Announcement
• Mphasis announced a annually dividend of ₹55.00 per ordinary share which will be made payable on 2024-08-24. Ex dividend date: 2024-07-10
• Mphasis annual dividend for 2024 was ₹55.00
• Mphasis annual dividend for 2023 was ₹50.00
• Mphasis's trailing twelve-month (TTM) dividend yield is 1.72%
• Mphasis's payout ratio for the trailing twelve months (TTM) is 59.13%
• Mphasis's dividend growth over the last five years (2018-2023) was 20.11% year
• Mphasis's dividend growth over the last ten years (2013-2023) was 11.39% year
Mphasis Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ₹55.00 | annually | 2024-08-24 |
2023-07-05 | ₹50.00 | annually | 2023-08-19 |
2022-07-05 | ₹46.00 | annually | 2022-08-20 |
2021-09-13 | ₹27.00 | annually | 2021-10-04 |
2020-07-02 | ₹35.00 | annually | 2020-08-22 |
2019-07-11 | ₹27.00 | annually | 2019-08-24 |
2018-07-26 | ₹20.00 | annually | 2018-09-06 |
2017-07-13 | ₹17.00 | annually | 2017-08-25 |
2016-10-19 | ₹20.00 | annually | 2016-12-04 |
2015-08-25 | ₹16.00 | annually | 2015-10-08 |
2014-07-16 | ₹7.00 | annually | 2014-08-29 |
2014-01-22 | ₹17.00 | annually | 2014-03-04 |
2013-01-17 | ₹17.00 | annually | 2013-02-28 |
Mphasis Dividend per year
Mphasis Dividend growth
Mphasis Dividend Yield
Mphasis current trailing twelve-month (TTM) dividend yield is 1.72%. Interested in purchasing Mphasis stock? Use our calculator to estimate your expected dividend yield:
Mphasis Financial Ratios
Mphasis Dividend FAQ
Other factors to consider when evaluating Mphasis 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: Mphasis'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, Mphasis 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, Mphasis 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 Mphasis 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: Mphasis 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, Mphasis distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mphasis 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 Mphasis'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 Mphasis'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.