As of today (2024-05-15), the Forward Annual Dividend Yield of Bajaj Finance is 0.54%.
As of today (2024-05-15), the Trailing Annual Dividend Yield of Bajaj Finance is 0.45%.
BOM:500034's Forward Dividend Yield % is ranked worse than 90.64% of 203
companies
in the Credit Services industry
Industry Median: 3.69
vs BOM:500034: 0.54
During the past 12 months, Bajaj Finance's average Dividends Per Share Growth Rate was 50.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bajaj Finance was 183.80% per year. The lowest was -48.90% per year. And the median was 26.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Bajaj Finance's Forward Dividend Yield %
For the Credit Services subindustry, Bajaj Finance's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bajaj Finance's Forward Dividend Yield % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Bajaj Finance's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Bajaj Finance's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Bajaj Finance Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 30.000000
2023-06-30
2023-06-30
2023-07-28
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Bajaj Finance's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
30
/
6676.95
=
0.45 %
Current Share Price is ₹6676.95. Bajaj Finance's Dividends per Share for the forward twelve months is calculated as ₹30 * 1 = ₹30.
Bajaj Finance's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
30
/
6676.95
=
0.45 %
Current Share Price is ₹6676.95. Bajaj Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹30.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Bajaj Finance Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Bajaj Finance's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company services myriad customers by providing solutions for asset acquisition through financing. The company also makes investments in renewable energy through one of its subsidiaries. It operates under a single reportable segment, financing. Among its lending operations, the company is engaged in consumer lending, commercial lending, loans against securities, mortgages, and lending to small and medium enterprises. All of its revenue is generated from India.
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