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Bajaj Auto (BOM:532977) Dividend Yield % : 1.56% (As of May. 26, 2024)


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What is Bajaj Auto Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of Bajaj Auto is 1.56%.

Warning Sign:

Bajaj Auto Ltd stock dividend yield is close to 5-year low.

The historical rank and industry rank for Bajaj Auto's Dividend Yield % or its related term are showing as below:

BOM:532977' s Dividend Yield % Range Over the Past 10 Years
Min: 0.17   Med: 2.64   Max: 8.85
Current: 1.56

During the past 13 years, the highest Dividend Yield of Bajaj Auto was 8.85%. The lowest was 0.17%. And the median was 2.64%.

BOM:532977's Dividend Yield % is ranked worse than
64.52% of 809 companies
in the Vehicles & Parts industry
Industry Median: 2.26 vs BOM:532977: 1.56

Bajaj Auto's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Bajaj Auto was 1.08. The lowest was 0.04. And the median was 0.51.

As of today (2024-05-26), the Forward Dividend Yield % of Bajaj Auto is 0.89%.

Bajaj Auto's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bajaj Auto was 230.20% per year. The lowest was -51.90% per year. And the median was 30.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Bajaj Auto Dividend Yield % Historical Data

The historical data trend for Bajaj Auto's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Bajaj Auto Dividend Yield % Chart

Bajaj Auto Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.89 3.27 3.83 3.60 1.53

Bajaj Auto Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 2.98 2.77 2.06 1.53

Competitive Comparison of Bajaj Auto's Dividend Yield %

For the Auto Manufacturers subindustry, Bajaj Auto's Dividend Yield %, along with its competitors' market caps and 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 Auto's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bajaj Auto's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Bajaj Auto's Dividend Yield % falls into.



Bajaj Auto Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Bajaj Auto Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 140.0000002023-06-302023-06-302023-07-28Cash DividendannuallyINR: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 Auto's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=140/8951.60
=1.56 %

Current Share Price is ₹8951.60.
Bajaj Auto's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹140.

Bajaj Auto's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=140/8951.60
=1.56 %

Current Share Price is ₹8951.60.
Bajaj Auto's Dividends per Share for the forward twelve months is calculated as ₹140 * 1 = ₹140.

* 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.


Bajaj Auto  (BOM:532977) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Bajaj Auto Dividend Yield % Related Terms

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Bajaj Auto (BOM:532977) Business Description

Traded in Other Exchanges
Address
Mumbai Pune Road, Bajaj Auto Limited Complex, Akurdi, Pune, MH, IND, 411 035
Bajaj Auto Ltd was founded in 1945 as an automotive sales company, Bajaj is today the third largest manufacturer of motorcycles and the largest manufacturer of three-wheelers in the world. The company is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, and parts. It has two business segments Automotive business and Investments. The company derives the majority of revenue from the Automotive segment.

Bajaj Auto (BOM:532977) Headlines

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