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GIC Housing Finance (BOM:511676) Dividend Yield % : 2.14% (As of May. 13, 2024)


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What is GIC Housing Finance Dividend Yield %?

As of today (2024-05-13), the Trailing Annual Dividend Yield of GIC Housing Finance is 2.14%.

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

BOM:511676' s Dividend Yield % Range Over the Past 10 Years
Min: 0.82   Med: 2.3   Max: 9.24
Current: 2.14

During the past 13 years, the highest Dividend Yield of GIC Housing Finance was 9.24%. The lowest was 0.82%. And the median was 2.30%.

BOM:511676's Dividend Yield % is ranked worse than
82.63% of 1192 companies
in the Banks industry
Industry Median: 3.975 vs BOM:511676: 2.14

GIC Housing Finance's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of GIC Housing Finance was 0.28. The lowest was 0.05. And the median was 0.17.

As of today (2024-05-13), the Forward Dividend Yield % of GIC Housing Finance is 2.14%.

GIC Housing Finance's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -6.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of GIC Housing Finance was 38.70% per year. The lowest was -26.30% per year. And the median was 3.60% per year.

The growth rate is calculated with least square regression.

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


GIC Housing Finance Dividend Yield % Historical Data

The historical data trend for GIC Housing Finance'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.

GIC Housing Finance Dividend Yield % Chart

GIC Housing Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 9.25 1.72 3.05 2.91

GIC Housing Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.32 2.91 2.43 2.17 2.10

Competitive Comparison of GIC Housing Finance's Dividend Yield %

For the Mortgage Finance subindustry, GIC Housing Finance'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.


GIC Housing Finance's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, GIC Housing Finance's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where GIC Housing Finance's Dividend Yield % falls into.



GIC Housing Finance Dividend Yield % Calculation

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

GIC Housing Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 4.5000002023-08-252023-08-252023-09-29Cash 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.

GIC Housing Finance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.5/208.70
=2.16 %

Current Share Price is ₹208.70.
GIC Housing Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹4.5.

GIC Housing Finance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.5/208.70
=2.16 %

Current Share Price is ₹208.70.
GIC Housing Finance's Dividends per Share for the forward twelve months is calculated as ₹4.5 * 1 = ₹4.5.

* 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.


GIC Housing Finance  (BOM:511676) 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.


GIC Housing Finance Dividend Yield % Related Terms

Thank you for viewing the detailed overview of GIC Housing Finance's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


GIC Housing Finance (BOM:511676) Business Description

Traded in Other Exchanges
Address
14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020
GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

GIC Housing Finance (BOM:511676) Headlines

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