Tourism Finance of India (NSE:TFCILTD) Dividend Payout Ratio : 0.91 (As of Sep. 2024)

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What is Tourism Finance of India Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tourism Finance of India's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.91.

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

NSE:TFCILTD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.23 Max: 0.3
Current: 0.24

During the past 13 years, the highest Dividend Payout Ratio of Tourism Finance of India was 0.30. The lowest was 0.09. And the median was 0.23.

NSE:TFCILTD's Dividend Payout Ratio is ranked better than
60.85% of 189 companies
in the Credit Services industry
Industry Median: 0.33 vs NSE:TFCILTD: 0.24

As of today (2024-12-13), the Dividend Yield % of Tourism Finance of India is 1.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tourism Finance of India was 7.31%. The lowest was 0.51%. And the median was 1.59%.

Tourism Finance of India's Dividends per Share for the months ended in Sep. 2024 was ₹2.50.

During the past 12 months, Tourism Finance of India's average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tourism Finance of India was 40.10% per year. The lowest was -26.30% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Tourism Finance of India Dividend Payout Ratio Historical Data

The historical data trend for Tourism Finance of India'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.

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Tourism Finance of India Dividend Payout Ratio Chart

Tourism Finance of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.23

0.09

0.13

0.25

Tourism Finance of India Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.16	-	-	-	0.91

Competitive Comparison of Tourism Finance of India's Dividend Payout Ratio

For the Credit Services subindustry, Tourism Finance of India'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.

Tourism Finance of India's Dividend Payout Ratio Distribution in the Credit Services Industry

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

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

Tourism Finance of India Dividend Payout Ratio Calculation

Tourism Finance of India'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 )
	=	2.4	/	9.681
	=	0.25

Tourism Finance of India's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	2.5	/	2.76
	=	0.91

Tourism Finance of India (NSE:TFCILTD) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Tourism Finance of India Dividend Payout Ratio Related Terms

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Tourism Finance of India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Tourism Finance Corp of India Ltd (NSE:TFCILTD) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

526650:India

Address

4th Floor, Tower 1, NBCC Plaza, Pushp Vihar, Sector-V, Saket, New Delhi, IND, 110 017

Website

https://www.tfciltd.com

Tourism Finance Corp of India Ltd is engaged in the provision of financial services. It provides financial assistance by way of rupee term loans, subscriptions to equity/debentures, and corporate loans mainly to hotel projects, amusement parks, ropeways, multiplexes, restaurants, and others. The company products and services include tourism project financing, other financings, and tourism advisory services. Its only operating segment being Financing and Investment Activities. Geographically, the company derives a majority of revenue from India.

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