Sonata Software Limited, together with its subsidiaries, provides information technology services and solutions in India, the United States, Europe, the Middle East, and Australia. It also offers software development, technical, and product marketing services, as well as consulting services. In addition, the company delivers solutions for customers in retail, manufacturing, distribution, travel, service, and software industries through its software solutions, such as Brick & Click Retail Platform, Modern Distribution Platform, Rezopia Digital Travel Platform, Kartopia E-commerce Platform, Halosys enterprise development automation Platform, Commodity Trading and Risk Management Platform, and KODO. It offers its services in the areas of application management, quality assurance, analytics, information security, cloud enablement, cloud migration, and mobility. Further, the company resells product licenses of software companies, such as Microsoft, IBM, Oracle, etc. Sonata Software Limited has alliances with Microsoft. The company was incorporated in 1994 and is headquartered in Bengaluru, India.
Sonata Software Dividend Announcement
• Sonata Software announced a semi annually dividend of ₹4.40 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-26
• Sonata Software annual dividend for 2024 was ₹4.40
• Sonata Software annual dividend for 2023 was ₹15.75
• Sonata Software's trailing twelve-month (TTM) dividend yield is 0.71%
• Sonata Software's dividend growth over the last five years (2018-2023) was 6.49% year
• Sonata Software's dividend growth over the last ten years (2013-2023) was 21.48% year
Sonata Software Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹4.40 | semi annually | 2024-09-05 |
2023-11-07 | ₹7.00 | semi annually | 2023-11-24 |
2023-07-21 | ₹8.75 | semi annually | 2023-08-30 |
2022-10-31 | ₹7.00 | semi annually | 2022-11-17 |
2022-06-15 | ₹13.00 | semi annually | 2022-07-24 |
2021-10-29 | ₹8.00 | semi annually | 2021-11-18 |
2021-08-06 | ₹10.00 | semi annually | 2021-09-15 |
2020-11-18 | ₹4.00 | semi annually | 2020-12-06 |
2020-03-06 | ₹14.50 | semi annually | 2020-03-27 |
2019-11-07 | ₹5.75 | semi annually | 2019-11-29 |
2019-07-30 | ₹8.00 | semi annually | 2019-09-06 |
2018-11-13 | ₹4.75 | semi annually | 2018-12-02 |
2018-08-02 | ₹6.75 | semi annually | 2018-09-12 |
2017-11-20 | ₹3.75 | semi annually | 2017-12-13 |
2017-08-03 | ₹5.50 | semi annually | 2017-09-13 |
2016-11-09 | ₹3.50 | semi annually | 2016-12-02 |
2016-03-16 | ₹5.50 | semi annually | 2016-07-01 |
2015-11-10 | ₹3.50 | semi annually | 2015-12-06 |
2015-07-22 | ₹4.25 | semi annually | 2015-08-31 |
2014-11-13 | ₹1.00 | semi annually | 2014-12-07 |
2014-09-12 | ₹1.75 | semi annually | 2014-12-01 |
2014-08-01 | ₹2.75 | semi annually | 2014-09-10 |
2013-11-14 | ₹1.00 | semi annually | 2013-12-12 |
2013-07-26 | ₹1.25 | semi annually | 2013-09-05 |
Sonata Software Dividend per year
Sonata Software Dividend growth
Sonata Software Dividend Yield
Sonata Software current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Sonata Software stock? Use our calculator to estimate your expected dividend yield:
Sonata Software Financial Ratios
Sonata Software Dividend FAQ
Other factors to consider when evaluating Sonata Software 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: Sonata Software'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, Sonata Software 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, Sonata Software 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 Sonata Software 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: Sonata Software 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, Sonata Software distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sonata Software 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 Sonata Software'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 Sonata Software'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.