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Aditya Birla Sun Life AMC (BOM:543374) Forward Dividend Yield % : 1.96% (As of May. 24, 2024)


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What is Aditya Birla Sun Life AMC Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Aditya Birla Sun Life AMC is 1.96%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Aditya Birla Sun Life AMC is 0.98%.

BOM:543374's Forward Dividend Yield % is ranked worse than
87.11% of 1210 companies
in the Asset Management industry
Industry Median: 5.82 vs BOM:543374: 1.96

Aditya Birla Sun Life AMC's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Aditya Birla Sun Life AMC's average Dividends Per Share Growth Rate was -51.60% 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 Aditya Birla Sun Life AMC's Forward Dividend Yield %

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.


Aditya Birla Sun Life AMC's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Forward Dividend Yield % falls into.



Aditya Birla Sun Life AMC Forward Dividend Yield % Calculation

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

Aditya Birla Sun Life AMC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 5.2500002023-08-042023-08-042023-09-05Cash Dividendsemi-annuallyINR: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.

Aditya Birla Sun Life AMC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10.5/534.35
=1.97 %

Current Share Price is ₹534.35.
Aditya Birla Sun Life AMC's Dividends per Share for the forward twelve months is calculated as ₹5.25 * 2 = ₹10.5.

Aditya Birla Sun Life AMC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.25/534.35
=0.98 %

Current Share Price is ₹534.35.
Aditya Birla Sun Life AMC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹5.25.

* 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.


Aditya Birla Sun Life AMC  (BOM:543374) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Aditya Birla Sun Life AMC Forward Dividend Yield % Related Terms

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Aditya Birla Sun Life AMC (BOM:543374) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013
Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

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