GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HDFC Asset Management Co Ltd (NSE:HDFCAMC) » Definitions » 3-Year Dividend Growth Rate

HDFC Asset Management Co (NSE:HDFCAMC) 3-Year Dividend Growth Rate : 19.70% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is HDFC Asset Management Co 3-Year Dividend Growth Rate?

HDFC Asset Management Co's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The historical rank and industry rank for HDFC Asset Management Co's 3-Year Dividend Growth Rate or its related term are showing as below:

NSE:HDFCAMC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 19.7   Med: 41.5   Max: 51.8
Current: 19.7

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of HDFC Asset Management Co was 51.80% per year. The lowest was 19.70% per year. And the median was 41.50% per year.

NSE:HDFCAMC's 3-Year Dividend Growth Rate is ranked better than
87.41% of 866 companies
in the Asset Management industry
Industry Median: 1.85 vs NSE:HDFCAMC: 19.70

During the past 12 months, HDFC Asset Management Co's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

HDFC Asset Management Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, HDFC Asset Management Co's Dividend Yield % is 1.32%.

Warning Sign:

HDFC Asset Management Co Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of HDFC Asset Management Co's 3-Year Dividend Growth Rate

For the Asset Management subindustry, HDFC Asset Management Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


HDFC Asset Management Co's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's 3-Year Dividend Growth Rate falls into.



HDFC Asset Management Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


HDFC Asset Management Co  (NSE:HDFCAMC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

HDFC Asset Management Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 25.26
=0.00

During the past 11 years, the highest Dividend Payout Ratio of HDFC Asset Management Co was 0.63. The lowest was 0.20. And the median was 0.54.

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

HDFC Asset Management Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 48.0000002023-06-092023-06-092023-06-27Cash 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.

HDFC Asset Management Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=48/3673.15
=1.31 %

Current Share Price is ₹3673.15.
HDFC Asset Management Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹48.

During the past 11 years, the highest Dividend Yield of HDFC Asset Management Co was 2.51%. The lowest was 0.44%. And the median was 1.33%.

Warning Sign:

HDFC Asset Management Co Ltd stock dividend yield is close to 2-year low.

* 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.


HDFC Asset Management Co 3-Year Dividend Growth Rate Related Terms>


HDFC Asset Management Co (NSE:HDFCAMC) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

HDFC Asset Management Co (NSE:HDFCAMC) Headlines

No Headlines