Sundaram Finance (NSE:SUNDARMFIN) Dividend Payout Ratio : 0.46 (As of Mar. 2024)

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What is Sundaram Finance Dividend Payout Ratio?

Sundaram Finance's dividend payout ratio for the months ended in Mar. 2024 was 0.46.

The historical rank and industry rank for Sundaram Finance's Dividend Payout Ratio or its related term are showing as below:

NSE:SUNDARMFIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.2 Max: 0.31
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Sundaram Finance was 0.31. The lowest was 0.10. And the median was 0.20.

NSE:SUNDARMFIN's Dividend Payout Ratio is ranked better than
67.74% of 186 companies
in the Credit Services industry
Industry Median: 0.32 vs NSE:SUNDARMFIN: 0.21

As of today (2024-06-01), the Dividend Yield % of Sundaram Finance is 0.68%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sundaram Finance was 1.49%. The lowest was 0.45%. And the median was 0.85%.

Sundaram Finance's Dividends per Share for the months ended in Mar. 2024 was ₹14.00.

During the past 12 months, Sundaram Finance's average Dividends Per Share Growth Rate was 31.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sundaram Finance was 148.40% per year. The lowest was -46.40% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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

Sundaram Finance Dividend Payout Ratio Historical Data

The historical data trend for Sundaram Finance's Dividend Payout Ratio 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.

Sundaram Finance Dividend Payout Ratio Chart

Sundaram Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.25

0.15

0.18

0.21

Sundaram Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.30	0.44	-	-	0.46

Competitive Comparison of Sundaram Finance's Dividend Payout Ratio

For the Credit Services subindustry, Sundaram Finance's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Sundaram Finance's Dividend Payout Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sundaram Finance's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Sundaram Finance's Dividend Payout Ratio falls into.

Sundaram Finance Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Sundaram Finance's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	29	/	136.347
	=	0.21

Sundaram Finance's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	14	/	30.293
	=	0.46

Sundaram Finance (NSE:SUNDARMFIN) Dividend Payout Ratio Explanation

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.

Sundaram Finance Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Sundaram Finance's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Sundaram Finance (NSE:SUNDARMFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sundaram Finance Ltd (NSE:SUNDARMFIN) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

590071:India

Address

21, Patullos Road, Chennai, TN, IND, 600 002

Website

https://www.sundaramfinance.in

Sundaram Finance Ltd is a nonbanking finance company operating in India. The company provides various financial products and services, including commercial vehicle finance, car finance, farm equipment finance, construction equipment finance, and fleet cards. Through its subsidiaries, the company has a diversified presence in insurance, mutual funds, housing finance, business process outsourcing, information technology services, and retail distribution of a wide array of financial services and products. The company's main source of revenue includes mortgages and hire purchase loans.

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