Featured Snippet Answer: Coforge pays a dividend yield of approximately 0.81% to 1.15%, with an annual dividend of Rs.16 per share, though its dividend has grown roughly 24% per year since 2015, from Rs.9 to Rs.76 in total annual payouts.
Key Takeaways
- Coforge’s dividend yield is approximately 0.81% to 1.15% depending on the source and calculation date.
- Coforge’s annual dividend has grown from Rs.9 per share in 2015 to Rs.76 per share recently, an average growth rate of about 24% per year.
- Coforge pays dividends quarterly, with 4 declarations totaling Rs.31 in the previous financial year.
- The most recent quarterly dividend was Rs.4.00 per share, declared 22 January 2026.
- Coforge is an IT services and technology company focused on digital transformation, cloud, and enterprise solutions.
Why Coforge’s Yield Looks Modest Despite Strong Growth
Coforge’s roughly 24% average annual dividend growth rate since 2015 is among the strongest of any IT-sector dividend payer covered on this site, comparable in pattern to CAMS’ rapid dividend expansion. Yet its current yield sits under 1.2%, because Coforge’s share price has appreciated substantially alongside its earnings growth in the IT services and digital transformation space, keeping the yield-on-price ratio compressed even as the absolute dividend climbs quickly.
Dividend History and Growth Trajectory
| Metric | Value |
|---|---|
| Annual dividend in 2015 | Rs.9.00/share |
| Recent annual dividend total | Rs.76.00/share |
| Average annual growth (since 2015) | ~24% |
| Dividend yield | 0.81% – 1.15% |
| Previous FY total (4 declarations) | Rs.31.00/share |
Source: Coforge corporate actions via stockanalysis.com and digrin.com, as of 22 June 2026.
Coforge vs Other IT Sector Dividend Payers
| Company | Approx. Yield | Payment Frequency |
|---|---|---|
| Coforge | 0.81% – 1.15% | Quarterly |
| TCS | ~4.5% | Semi-annual + interim |
| Tech Mahindra | Moderate | Varies |
| OFSS | 1.6% – 6.9% (varies widely) | Semi-annual, large lump sums |
Common Mistakes Investors Make With Coforge
Investors sometimes dismiss Coforge as a poor dividend stock based purely on its sub-1.2% current yield, without accounting for its strong historical dividend growth rate. As with other fast-growing IT and financial services payers, current yield alone understates the income potential for long-term holders measuring yield-on-cost over many years.
Should You Hold Coforge for Dividend Income?
Coforge suits growth-oriented investors seeking exposure to India’s IT services and digital transformation sector alongside a genuinely rising dividend, rather than income investors prioritizing a high current yield.
What Drives Coforge’s Dividend Capacity
Coforge’s dividend capacity is tied to its performance across banking, insurance, travel, and manufacturing technology verticals, where it provides digital transformation and enterprise IT services. As an asset-light software and services business, Coforge generates strong free cash flow relative to its capital needs, supporting its consistent quarterly dividend payments and rapid historical growth. Investors should track large deal wins and revenue growth guidance in quarterly earnings calls as leading indicators of future dividend capacity.
How to Track Coforge’s Dividend Announcements
Coforge typically announces dividends alongside its quarterly results, filed with the BSE and NSE. Given its consistent quarterly payment pattern, investors can reasonably anticipate announcement timing around each results season, though exact amounts have varied meaningfully across quarters based on earnings performance.
Frequently Asked Questions
What is Coforge’s current dividend yield?
Coforge’s dividend yield is approximately 0.81% to 1.15% depending on the source and calculation date.
How much has Coforge’s dividend grown since 2015?
Coforge’s annual dividend has grown from Rs.9 per share in 2015 to Rs.76 per share recently, an average growth rate of roughly 24% per year.
How often does Coforge pay dividends?
Coforge pays dividends quarterly, with 4 declarations totaling Rs.31 per share in the previous financial year.
What does Coforge do?
Coforge is an IT services and technology company focused on digital transformation, cloud solutions, and enterprise technology services.
Why is Coforge’s yield low despite strong dividend growth?
Coforge’s share price has appreciated significantly alongside its earnings growth, which keeps the yield-on-price ratio low even as the absolute dividend per share grows quickly.
Is Coforge a good stock for dividend income?
Coforge suits growth-oriented investors valuing a rapidly rising dividend and IT-sector exposure, rather than investors prioritizing high current yield.
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