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India Fund (India Fund) 3-Year Dividend Growth Rate : -5.60% (As of Dec. 2023)


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What is India Fund 3-Year Dividend Growth Rate?

India Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.82.

The historical rank and industry rank for India Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

IFN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.6   Med: -4.6   Max: 81
Current: -5.6

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.

IFN's 3-Year Dividend Growth Rate is ranked worse than
75.26% of 865 companies
in the Asset Management industry
Industry Median: 1.7 vs IFN: -5.60

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

India Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.42. As of today, India Fund's Dividend Yield % is 9.01%.

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


Competitive Comparison of India Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, India Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, India Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where India Fund's 3-Year Dividend Growth Rate falls into.



India Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


India Fund  (NYSE:IFN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

India Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.82/ 1.95
=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.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.64/18.15
=9.04 %

Current Share Price is $18.15.
India Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.64.

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%.

* 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 3-Year Dividend Growth Rate Related Terms>


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