5 Indian Tech Stocks that Pay Dividends

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1. Oracle Financial Services Software Limited (NSE:OFSS.NS)

Dividend Yield as of August 15: 5.63%

Oracle Financial Services Software Limited (NSE:OFSS.NS) is a Mumbai-based subsidiary of Oracle Corporation. The company specializes in insurance technology, retail banking, and corporate banking.

In fiscal Q4 2022, Oracle Financial Services Software Limited (NSE:OFSS.NS) reported revenue of $11.8 billion, up 5% from the same period. The company also declared a 3% year-over-year growth in its Cloud Services revenues at $7.6 billion. In FY22, its operating cash flow came in at $9.5 billion and had $21.3 billion available in cash and cash equivalents at the end of the quarter. In 2022, Oracle Financial Services Software Limited (NSE:OFSS.NS) paid $3.4 billion in dividends to shareholders, up from $3 billion paid in 2021.

Oracle Financial Services Software Limited (NSE:OFSS.NS) pays a quarterly dividend of $0.32 per share. The stock’s dividend yield stood at 5.63% on August 15.

You can also take a look at Top Pharmaceutical Companies in India and Top 20 Internet Companies in India

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