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Persistent Systems Limited Stock Dividends Overview

PERSISTENT.NS pays dividends biannually. Last paid amount was ₹32.00 at Feb 19, 2024. As of today, dividend yield (TTM) is 1.16%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.16%
Frequency Biannually
1Y Growth 220.00%
Payout Ratio 0
Amount Per Share ₹32.00
Persistent Systems Limited has not yet announced its next dividend date. Last payment date was: Feb 19, 2024.

PERSISTENT Dividend Payout History

To ensure a understanding of PERSISTENT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2024 Jan 30, 2024 Feb 19, 2024 ₹32.00 0.733%
2 Jul 11, 2023 Jul 11, 2023 Jul 11, 2023 ₹10.00 0.424%
3 Jan 25, 2023 Jan 25, 2023 Jan 25, 2023 ₹28.00 1.22%
4 Jul 11, 2022 Jul 11, 2022 Jul 11, 2022 ₹11.00 0.670%
5 Jan 27, 2022 Jan 27, 2022 Jan 27, 2022 ₹20.00 0.98%
6 Jul 13, 2021 Jul 13, 2021 Jul 13, 2021 ₹6.00 0.436%
7 Feb 09, 2021 Feb 09, 2021 Feb 09, 2021 ₹14.00 1.64%
8 Mar 05, 2020 Mar 18, 2020 Apr 10, 2020 ₹3.00 1.17%
9 Dec 19, 2019 Feb 06, 2020 Feb 14, 2020 ₹9.00 2.57%
10 Apr 27, 2019 Jul 11, 2019 Aug 16, 2019 ₹3.00 1.17%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (76.41%)

Growth potential

Increase likely (43.20%)

PERSISTENT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from PERSISTENT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PERSISTENT stock here.

Comparing PERSISTENT to Sector and Country

PERSISTENT.NS pays a solid dividend yield of 1.16%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.309%). PERSISTENT.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the IN market (7.50%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of PERSISTENT.NS's dividend payments?
The amount of PERSISTENT.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in PERSISTENT.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from PERSISTENT.NS stock be automatically reinvested?
If PERSISTENT.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy PERSISTENT.NS stock.

How often does PERSISTENT.NS pay dividend?
Persistent Systems Limited (PERSISTENT.NS) pays dividends biannually. The most recent payout was on Feb 19, 2024.

How much does PERSISTENT.NS pays per share?
The last recorder (Jan 30, 2024) dividend per share was ₹32.00.

What is PERSISTENT.NS dividend growth rate?
Over the last year, Persistent Systems Limited has witnessed growth rate of 220.00% . Looking back over the past 3 years, this growth rate has been 74.72%. Furthermore, examining the past 5 years, Persistent Systems Limited has maintained an average Dividends Per Share Growth Rate of 60.55%.
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About Persistent Systems Limited

Persistent Systems Limited Persistent Systems Limited provides software products, services, and technology solutions. The company operates through three segments: Banking, Financial Services and Insurance (BFSI), Healthcare & Life Sciences, and Technology Companies and Emerging Verticals. It provides payments, cloud and infrastructure, intelligent automation, data governance and security, persistent digital bank and credit union solution, loan origination, data and analyti... PERSISTENT.NS Profile

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