India Fund (India Fund) Dividend Payout Ratio : 0.42 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is India Fund Dividend Payout Ratio?

India Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.42.

The historical rank and industry rank for India Fund's Dividend Payout Ratio or its related term are showing as below:

IFN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.65 Max: 2.14
Current: 0.51

During the past 7 years, the highest Dividend Payout Ratio of India Fund was 2.14. The lowest was 0.04. And the median was 0.65.

IFN's Dividend Payout Ratio is ranked better than
70.74% of 950 companies
in the Asset Management industry
Industry Median: 0.79 vs IFN: 0.51

As of today (2024-05-29), the Dividend Yield % of India Fund is 9.16%.

During the past 7 years, the highest Trailing Annual Dividend Yield of India Fund was 18.43%. The lowest was 1.18%. And the median was 12.28%.

India Fund's Dividends per Share for the months ended in Dec. 2023 was $0.82.

During the past 12 months, India Fund's average Dividends Per Share Growth Rate was -19.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of India Fund was 81.00% per year. The lowest was -5.60% per year. And the median was -4.60% per year.

The growth rate is calculated with least square regression.

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

India Fund Dividend Payout Ratio Historical Data

The historical data trend for India Fund's Dividend Payout Ratio 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.

India Fund Dividend Payout Ratio Chart

India Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

2.14

0.83

0.65

0.51

India Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								0.69	-	1.48	0.65	0.42

Competitive Comparison of India Fund's Dividend Payout Ratio

For the Asset Management subindustry, India Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

India Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, India Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where India Fund's Dividend Payout Ratio falls into.

India Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

India Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.64	/	3.23
	=	0.51

India Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.82	/	1.95
	=	0.42

India Fund (NYSE:IFN) Dividend Payout Ratio Explanation

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.

India Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of India Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

India Fund (India Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » India Fund Inc (NYSE:IFN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103

Website

https://www.aberdeenifn.com

India Fund Inc is an asset management company. The fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The company's portfolio is non-diversified closed-end management investment company across various sectors such as financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services, utilities and others. Geographically, all the business activity functions through the market of United States.

Executives

Katie Lynn Gebauer	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey	officer: Vice President	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik	other: Director of Investment Manager	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Alan R Goodson	director, officer: President	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Brian Kordeck	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson	officer: Vice President	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Rene Buehlmann	other: CEO/Director of Invest. Mngr.	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor	officer: Vice President	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Matthew Keener	officer: Assistant Secretary	C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Chris Demetriou	officer: Vice President	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Adam Mccabe	other: Director of Adviser	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Peter Hendry	other: Director of Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103