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Saksoft Limited Stock Dividends Overview

SAKSOFT.NS pays dividends biannually. Last paid amount was ₹0.400 at Nov 16, 2023. As of today, dividend yield (TTM) is 0.222%.

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) 0.222%
Frequency Biannually
1Y Growth 14.29%
Payout Ratio 0
Amount Per Share ₹0.400
Next Ex-Dividend Date Jul 31, 2024
Next Payment Date Sep 06, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from SAKSOFT the purchase should be done within the next 58 days.
Here's a simple guide on how to buy SAKSOFT stock.

SAKSOFT Dividend Payout History

To ensure a understanding of SAKSOFT'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 Jul 31, 2024 Jul 31, 2024 Sep 06, 2024 ₹0.400 0.164%
2 Nov 16, 2023 Nov 16, 2023 Nov 16, 2023 ₹0.400 0.111%
3 Aug 07, 2023 Aug 07, 2023 Aug 07, 2023 ₹0.350 0.112%
4 Nov 17, 2022 Nov 17, 2022 Nov 17, 2022 ₹0.350 0.312%
5 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 ₹0.300 0.318%
6 Nov 17, 2021 Nov 17, 2021 Nov 17, 2021 ₹0.300 0.291%
7 Jul 29, 2021 Jul 29, 2021 Jul 29, 2021 ₹0.250 0.378%
8 Nov 18, 2020 Nov 18, 2020 Nov 18, 2020 ₹0.250 0.790%
9 Mar 10, 2020 Mar 19, 2020 Apr 12, 2020 ₹0.250 1.88%
10 Nov 13, 2019 Nov 22, 2019 Dec 13, 2019 ₹0.200 1.00%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (42.48%)

Growth potential

Decrease likely (24.38%)

SAKSOFT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SAKSOFT 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 SAKSOFT stock here.

Comparing SAKSOFT to Sector and Country

SAKSOFT.NS pays a solid dividend yield of 0.222%, which is lower than the average of the bottom 25% of dividend payers in the IN market (0.309%). SAKSOFT.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the IN market (7.11%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of SAKSOFT.NS's dividend payments?
The amount of SAKSOFT.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 SAKSOFT.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SAKSOFT.NS stock be automatically reinvested?
If SAKSOFT.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 SAKSOFT.NS stock.

How often does SAKSOFT.NS pay dividend?
Saksoft Limited (SAKSOFT.NS) pays dividends biannually. The most recent payout was on Nov 16, 2023. The upcoming dividend Ex Date is Jul 31, 2024, with an amount of ₹0.400.

How much does SAKSOFT.NS pays per share?
The last recorder (Nov 16, 2023) dividend per share was ₹0.400.

What is SAKSOFT.NS dividend growth rate?
Over the last year, Saksoft Limited has witnessed growth rate of 14.29% . Looking back over the past 3 years, this growth rate has been 16.96%. Furthermore, examining the past 5 years, Saksoft Limited has maintained an average Dividends Per Share Growth Rate of 5.92%.
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About Saksoft Limited

Saksoft Limited Saksoft Limited, an information technology company, provides digital transformation solutions in Europe, the United States, the Asia Pacific, and internationally. The company offers services in the areas of software product engineering, support, testing and QA, extended software delivery facility, advisory and consulting, and training. It also provides modernization solutions, such as architecture/technology upgrade, application/platform integrat... SAKSOFT.NS Profile

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