DailyBubble News
DailyBubble News

Coforge Limited (NSE:COFORGE) Will Pay A ₹19.00 Dividend In Three Days

Investors who rely on dividends to grow their wealth may be interested to know that Coforge Limited (NSE:COFORGE) is set to go ex-dividend in just 3 days. The ex-dividend date is important because any stock transactions need to be settled before the record date in order to be eligible for the dividend. In this case, investors can purchase Coforge’s shares before the 15th of May to receive the dividend, which will be paid on the 1st of June.

The company’s next dividend payment will be ₹19.00 per share, with a total distribution of ₹76.00 to shareholders last year. Coforge has a trailing yield of approximately 1.7% on its current stock price of ₹4465.30. It’s crucial for investors to check if the company has been able to grow its dividends or if there is a possibility of a cut in the future.

Coforge’s dividend is covered by both profits and cash flow, indicating that it is sustainable. The company’s earnings per share have been growing at a rate of 15% per annum over the last five years. Additionally, Coforge has been increasing its dividend by an average of 24% per year over the past decade.

While Coforge looks promising from a dividend perspective, investors should be aware of the risks associated with the stock. It’s important to conduct a thorough analysis before investing in any company.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x