NSE:CHOLAFIN's Forward Dividend Yield % is ranked worse than 95.1% of 204
companies
in the Credit Services industry
Industry Median: 3.7
vs NSE:CHOLAFIN: 0.15
During the past 3 years, the average Dividends Per Share Growth Rate was 15.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cholamandalam Investment and Finance Co was 51.80% per year. The lowest was -37.00% per year. And the median was 15.40% 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 Cholamandalam Investment and Finance Co's Forward Dividend Yield %
For the Credit Services subindustry, Cholamandalam Investment and Finance Co'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.
Cholamandalam Investment and Finance Co's Forward Dividend Yield % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Cholamandalam Investment and Finance Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Cholamandalam Investment and Finance Co's Forward Dividend Yield % falls into.
Cholamandalam Investment and Finance Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Cholamandalam Investment and Finance Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 1.300000
2024-02-07
2024-02-07
2024-02-20
Cash Dividend
semi-annually
INR:INR 1.000000
INR 0.700000
2023-07-25
2023-07-26
2023-08-16
Cash Dividend
semi-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.
* 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.
Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Forward 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.
Cholamandalam Investment and Finance Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Cholamandalam Investment and Finance Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Business Description
Cholamandalam Investment and Finance Co Ltd serve as the financial services arm of the Murugappa Group. Its subsidiaries include Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). The company's operating segments include Vehicle finance loans, which provide loans for the purchase of vehicles, tractors, and construction equipment. Home Loans include loans given for the acquisition of residential property. Loan against property which includes Loans to the customer against immovable property and Other loans, including loans against shares and SME loans. The company also offers investment advisory and stockbroking services. It operates solely in India.
Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Headlines
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