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Muthoot Finance (NSE:MUTHOOTFIN) Forward Dividend Yield % : 1.35% (As of Jun. 09, 2024)


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What is Muthoot Finance Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Muthoot Finance is 1.35%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Muthoot Finance is 1.35%.

NSE:MUTHOOTFIN's Forward Dividend Yield % is ranked worse than
77.18% of 206 companies
in the Credit Services industry
Industry Median: 3.805 vs NSE:MUTHOOTFIN: 1.35

Muthoot Finance's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Muthoot Finance's average Dividends Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Muthoot Finance was 65.10% per year. The lowest was -14.20% per year. And the median was 26.00% 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 Muthoot Finance's Forward Dividend Yield %

For the Credit Services subindustry, Muthoot 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.


Muthoot Finance's Forward Dividend Yield % Distribution in the Credit Services Industry

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

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



Muthoot Finance Forward Dividend Yield % Calculation

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

Muthoot Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 24.0000002024-05-312024-06-010000-00-00Cash 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/1773.15
=0.00 %

Current Share Price is ₹1773.15.
Muthoot Finance's Dividends per Share for the forward twelve months is calculated as * = .

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=24/1773.15
=1.35 %

Current Share Price is ₹1773.15.
Muthoot Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹24.

* 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.


Muthoot Finance  (NSE:MUTHOOTFIN) 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.


Muthoot Finance Forward Dividend Yield % Related Terms

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Muthoot Finance (NSE:MUTHOOTFIN) Business Description

Traded in Other Exchanges
Address
Banerji Road, Ernakulam, 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Kochi, KL, IND, 682 018
Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loans to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. Muthoot also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. Muthoot has operations in Sri Lanka and India, with India providing almost all the company's revenue.

Muthoot Finance (NSE:MUTHOOTFIN) Headlines

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