Dividend Yield: 3.1%

HCL Technologies' dividend payments are covered by cash flows (64.3% payout ratio) and earnings (85.7% payout ratio), but its dividend history has been volatile over the past decade. Recent board changes and strategic expansions, including new global delivery centers and partnerships, may impact future performance. Despite a reasonable price-to-earnings ratio of 27.4x compared to the Indian market's 32.5x, significant insider selling in the past quarter raises concerns about long-term stability for dividend investors.

• Click to explore a detailed breakdown of our findings in HCL Technologies' dividend report.

• Insights from our recent valuation report point to the potential undervaluation of HCL Technologies shares in the market.

Redington

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Redington Limited provides supply chain solutions in India and internationally, with a market cap of ₹158.48 billion.

Operations: Redington Limited's revenue segments include IT products at ₹463,370 million and mobility products at ₹211,090 million.

Dividend Yield: 3.1%

Redington Limited's dividend payments are well-covered by earnings (39.8% payout ratio) and cash flows (50.6% cash payout ratio), but the company has a history of volatile dividends over the past decade. Recently, Redington declared a dividend of ₹6.20 per share for FY2024 and increased its authorized share capital, signaling potential future growth. Despite stable earnings in Q1 2025, net income saw a slight decline to ₹2.46 billion from ₹2.49 billion year-over-year, indicating cautious optimism for dividend stability moving forward.

• Click here to discover the nuances of Redington with our detailed analytical dividend report.

• Our valuation report here indicates Redington may be undervalued.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NSEI:BANKBARODA NSEI:HCLTECH and NSEI:REDINGTON.

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