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India Fund (India Fund) Dividend Yield %

: 9.32% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of India Fund is 9.32%.

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

IFN' s Dividend Yield % Range Over the Past 10 Years
Min: 1.18   Med: 12.29   Max: 18.43
Current: 9.32

During the past 7 years, the highest Dividend Yield of India Fund was 18.43%. The lowest was 1.18%. And the median was 12.29%.

IFN's Dividend Yield % is ranked better than
76.25% of 1217 companies
in the Asset Management industry
Industry Median: 5.66 vs IFN: 9.32

India Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.42.

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.

As of today (2024-04-18), the Forward Dividend Yield % of India Fund is 9.32%.

India Fund's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for India Fund'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.

India Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only 11.57 9.77 11.42 13.60 8.97

India Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.42 14.48 13.60 10.54 8.97

Competitive Comparison

For the Asset Management subindustry, India Fund'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.


India Fund Dividend Yield % Distribution

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

* The bar in red indicates where India Fund's Dividend Yield % falls into.



India Fund Dividend Yield % Calculation

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

India Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4302024-02-212024-02-222024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4102023-11-212023-11-222024-01-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.4102023-08-232023-08-242023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3902023-05-182023-05-192023-06-30Cash DividendquarterlyUSD:USD 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.

India Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.64/17.60
=9.32 %

Current Share Price is $17.60.
India Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.64.

India Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.72/17.60
=9.77 %

Current Share Price is $17.60.
India Fund's Dividends per Share for the forward twelve months is calculated as $0.43 * 4 = $1.72.

* 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.


India Fund  (NYSE:IFN) 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.


India Fund Dividend Yield % Related Terms

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


India Fund (India Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
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