Housing Development Finance (BOM:500010) Forward Dividend Yield % : 2.69% (As of May. 24, 2024)

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What is Housing Development Finance Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Housing Development Finance is 2.69%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Housing Development Finance is 1.60%.

BOM:500010's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.11 vs BOM:500010: 2.69

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

During the past 12 months, Housing Development Finance's average Dividends Per Share Growth Rate was 30.40% 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 9.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Housing Development Finance was 22.40% per year. The lowest was 1.00% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Housing Development Finance's Forward Dividend Yield %

For the Mortgage Finance subindustry, Housing Development Finance's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.

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

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

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

Housing Development Finance Forward Dividend Yield % Calculation

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

Housing Development Finance (BOM:500010) Forward 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.

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Housing Development Finance Forward Dividend Yield % Related Terms

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Housing Development Finance (BOM:500010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Housing Development Finance Corp Ltd (BOM:500010) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

HDFC House, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.hdfc.com

Housing Development Finance Corp Ltd provides housing finance services to customers in India, with a limited number of other international operations. The company is engaged in conservative lending practices through its retail mortgage business, while its customers are mostly first-time homebuyers. The initiation of housing loans, including home improvement and home extension loans, remains as the core business of the company. The company is also engaged in risk management strategies that include derivative securities. Its segments include Loans, Life Insurance, General Insurance, Asset Management, and Others. Geographically, it generates nearly all of its revenue from India.

Housing Development Finance (BOM:500010) Headlines

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