Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It provides payments, cloud and infrastructure, intelligent automation, data governance and security, Persistent digital bank and credit union, loan origination, data and analytics, operations automation, and regulatory compliance management solutions; foreign exchange and trade finance, and treasury and cash management services; product and platform strategy, engineering, modernization, and sustenance and support solutions; and enterprise IT security services. The company also offers CX transformation, and integrated wellness and care solutions for insurance; claims lifecycle management automation solutions; Persistent digital front door, revenue cycle optimization, healthcare interoperability, and population health management solutions; patient claims management, care management, and payor operations solutions; product and digital engineering solutions; digital lab and optimization, cloud migration and modernization, decentralized trails, quality management and compliance, and genomics solutions; and commercial and multiplatform analytics and integration, as well as robotic process automation and quality management system solutions. In addition, it provides IBM engineering lifecycle management solutions; Dassault 3D experience platforms, as well as planning and optimization, and manufacturing and operations software; and engineering managed and integration services. Further, the company offers network assurance and performance management, 5G AI operations and automation, mobile edge cloud accelerators, and network API monetization solutions; and operates technology centers. It serves customers in the banking, financial services, insurance, healthcare, life sciences, industrial, software and hi-tech, and telecom and media sectors. Persistent Systems Limited was incorporated in 1990 and is based in Pune, India.
Persistent Systems Dividend Announcement
• Persistent Systems announced a semi annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-09
• Persistent Systems annual dividend for 2024 was ₹74.00
• Persistent Systems annual dividend for 2023 was ₹76.00
• Persistent Systems's trailing twelve-month (TTM) dividend yield is 0.75%
• Persistent Systems's payout ratio for the trailing twelve months (TTM) is 34.87%
• Persistent Systems's dividend growth over the last five years (2018-2023) was 30.60% year
• Persistent Systems's dividend growth over the last ten years (2013-2023) was 15.49% year
Persistent Systems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-09 | ₹10.00 | semi annually | 2024-08-12 |
| 2024-01-30 | ₹64.00 | semi annually | 2024-02-19 |
| 2023-07-11 | ₹20.00 | semi annually | 2023-08-17 |
| 2023-01-25 | ₹56.00 | semi annually | 2023-02-06 |
| 2022-07-11 | ₹22.00 | semi annually | 2022-08-10 |
| 2022-01-27 | ₹40.00 | semi annually | 2022-02-15 |
| 2021-07-13 | ₹12.00 | semi annually | 2021-08-12 |
| 2021-02-09 | ₹28.00 | semi annually | 2021-02-20 |
| 2020-03-18 | ₹6.00 | semi annually | 2020-03-26 |
| 2020-02-06 | ₹18.00 | semi annually | 2020-02-14 |
| 2019-07-11 | ₹6.00 | semi annually | 2019-08-16 |
| 2019-02-04 | ₹16.00 | semi annually | 2019-02-27 |
| 2018-07-19 | ₹6.00 | semi annually | 2018-08-09 |
| 2018-02-02 | ₹14.00 | semi annually | 2018-02-26 |
| 2017-07-12 | ₹6.00 | semi annually | 2017-08-02 |
| 2017-01-31 | ₹12.00 | semi annually | 2017-02-19 |
| 2016-03-17 | ₹6.00 | semi annually | 2016-08-21 |
| 2016-02-02 | ₹10.00 | semi annually | 2016-02-06 |
| 2015-07-16 | ₹5.00 | semi annually | 2015-08-05 |
| 2015-01-29 | ₹20.00 | semi annually | 2015-02-22 |
| 2014-07-17 | ₹8.00 | semi annually | 2014-08-25 |
| 2014-01-30 | ₹16.00 | semi annually | 2014-02-05 |
| 2013-07-24 | ₹6.00 | semi annually | 2013-08-06 |
| 2013-01-31 | ₹12.00 | semi annually | 2013-02-05 |
Persistent Systems Dividend per year
Persistent Systems Dividend growth
Persistent Systems Dividend Yield
Persistent Systems current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Persistent Systems stock? Use our calculator to estimate your expected dividend yield:
Persistent Systems Financial Ratios
P/E ratio73.35
PEG ratio16.90
P/B ratio15.78
ROE23.84%
Payout ratio34.87%
Current ratio1.91
Quick ratio2.01
Cash Ratio0.26
Persistent Systems Dividend FAQ
How much is the next Persistent Systems dividend?
Persistent Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Persistent Systems dividend. The next Persistent Systems dividend will be released in January, or July.
When is Persistent Systems dividend paid?
Persistent Systems pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and July. 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 Persistent Systems pay?
The specific amount of Persistent Systems 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 Persistent Systems's dividend history.
Does Persistent Systems stock pay dividends?
Yes, Persistent Systems 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 Persistent Systems's dividend history.
How much dividend does Persistent Systems pay?
Persistent Systems paid ₹74 in 2024, ₹76 in 2023, ₹62 in 2022, ₹40 in 2021, and ₹24 in 2020.
How often does Persistent Systems pay dividends?
Persistent Systems 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 January, and July.
What is Persistent Systems's dividend yield?
The current dividend yield for Persistent Systems is 0.75%. 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 Persistent Systems's exact dividend yield.
When does Persistent Systems go ex dividend?
Persistent Systems's ex-dividend date for the latest dividend was on 2024-07-09. Persistent Systems 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 Persistent Systems dividend paid?
Persistent Systems pays dividends on a semi annually basis, typically around January, or July, but the exact dates can vary each year.
Will Persistent Systems 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 Persistent Systems 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 Persistent Systems dividend per share?
Persistent Systems paid ₹74 per share in 2024 and ₹76 per share in 2023. The amount of dividend per share that Persistent Systems 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 Persistent Systems 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 Persistent Systems 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 Persistent Systems a dividend stock?
Yes, Persistent Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Persistent Systems a good dividend stock?
Whether Persistent Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Persistent Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Persistent Systems 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 Persistent Systems 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 Persistent Systems pay dividends monthly?
Persistent Systems typically pays dividends on a semi annually basis.
Does Persistent Systems pay dividends quarterly?
Persistent Systems currently pays dividends on a semi annually basis.
Has Persistent Systems ever paid a dividend?
Yes, Persistent Systems has a history of paying dividends to its shareholders. Persistent Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Persistent Systems dividend stocks?
To buy Persistent Systems 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 Persistent Systems 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 Persistent Systems 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 Persistent Systems pay dividends 2024?
Persistent Systems pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-12. 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 Persistent Systems increase its dividend in 2024?
Decisions regarding Persistent Systems 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 Persistent Systems dividend overview you can look into the above table of dividend history.
How Persistent Systems dividend works?
The Persistent Systems 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 Persistent Systems's dividend process works:
1. Determination of Dividend: Persistent Systems'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, Persistent Systems 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, Persistent Systems 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 Persistent Systems 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: Persistent Systems'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, Persistent Systems 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, Persistent Systems 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 Persistent Systems 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 Persistent Systems dividends paid?
Persistent Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Persistent Systems 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, Persistent Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Persistent Systems 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: Persistent Systems 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, Persistent Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Persistent Systems 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 Persistent Systems pay dividends?
Persistent Systems 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 Persistent Systems pay dividends?
The general pattern is that Persistent Systems pays dividends around January, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Persistent Systems dividend safe?
The safety of Persistent Systems'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 Persistent Systems'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 Persistent Systems'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 Persistent Systems'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 Persistent Systems'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.