LTIMindtree Dividend: Technology consulting and IT services are offered by Mindtree Limited both domestically and abroad. The business operates In Various divisions :-
- Healthcare.
- Banking.
- Financial services and Insurance.
- Communication, Media, and Technology.
- Travel, Transport, and Hospitality.
- Retail, Consumer Packaged Goods, and Manufacturing.
Now Let us discuss about LTIMindtree Upcoming Dividend.
LTIMindtree Dividend 2023
| Company | LTIMindtree Limited |
|---|---|
| Sector | Software And Services |
| Industry | IT Consulting And Services |
| Company Listed On | NSE, BSE |
| Dividend Announced Date | 25 September, 2023 |
| Dividend Ex-Date | 27 October, 2023 |
| Dividend Record Date | 27 October, 2023 |
| Dividend Type | Interim Type Dividend |
| Dividend Percentage | 2000% |
| Dividend Amount | 20.00₹ |
| More Upcoming Dividends | Check Here |
LTIMindtree Past Dividend History
| Dates | Amount |
|---|---|
| 10 July, 2023 | 40.00₹ |
| 31 January, 2023 | 20.00₹ |
| 30 June, 2022 | 30.00₹ |
| 25 October, 2021 | 15.00₹ |
| 30 July, 2021 | 10.00₹ |
LTIMindtree Company Fundamental
| Company Name | LTIMindtree Ltd. |
|---|---|
| Market Capitalization | 154,166.70 Cr |
| PE Ratio | 34.6 |
| PB Ratio | 9.3 |
| Debt To Equity | 0.00 |
| 1 Year Return | 230.00₹ Per Share |
| ROE | 26.60% |
| ROA | 18.95% |
| ROCE | 33.03% |
| Face Value | 01.00₹ Per Share |
Is LTIMindtree share a good buy?
Compared to the sector P/E of 29.26, LTI Mindtree has a TTM P/E ratio of 34.53.On LTI Mindtree, 36 analysts have started to follow the company. There are 6 experts who rate it as a “strong buy,” and 11 analysts who rate it as a “buy.” The stock has received a sell rating from 8 analysts. In its most recent quarter, the company reported a net profit of 1,151.50 Crores. Infosys (-0.31%), HCL Technologies (-0.56%), LTI Mindtree (-1.06%), and other companies are among LTI Mindtree’s listed rivals.
LTI Mindtree has a promoter holding of 68.66% and a public stake of 31.33%.On June 30, 2023, the Mutual Fund holding in LTI Mindtree was 4.65%. The MF holding has grown from the previous quarter. At the end of June 2023, FIIs owned 8.21% of LTI Mindtree. Since the previous quarter, the FII holding has dropped.
What is the future of LTIMindtree stock?
Earnings and revenue growth of LTIMindtree are anticipated to increase by 15% and 10.8% year, respectively. The predicted increase in EPS is 15.7%. In three years, the return on equity is expected to be 27.4%.