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Max Financial Services (BOM:500271) Dividend Yield % : 0.00% (As of May. 26, 2024)


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What is Max Financial Services Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of Max Financial Services is 0.00%.

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

BOM:500271's Dividend Yield % is not ranked *
in the Insurance industry.
Industry Median: 3.52
* Ranked among companies with meaningful Dividend Yield % only.

Max Financial Services'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 Max Financial Services was 0.44. The lowest was 0.12. And the median was 0.30.

As of today (2024-05-26), the Forward Dividend Yield % of Max Financial Services is 0.00%.

Max Financial Services'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 Max Financial Services was -23.40% per year. The lowest was -34.60% per year. And the median was -29.00% per year.

The growth rate is calculated with least square regression.

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


Max Financial Services Dividend Yield % Historical Data

The historical data trend for Max Financial Services'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.

Max Financial Services Dividend Yield % Chart

Max Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
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Max Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Max Financial Services's Dividend Yield %

For the Insurance - Life subindustry, Max Financial Services'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.


Max Financial Services's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Max Financial Services's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Max Financial Services's Dividend Yield % falls into.



Max Financial Services Dividend Yield % Calculation

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


Max Financial Services  (BOM:500271) 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.


Max Financial Services Dividend Yield % Related Terms

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Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

Max Financial Services (BOM:500271) Headlines

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