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Bajaj Finance (BOM:500034) Dividend Yield % : 0.51% (As of Dec. 14, 2024)


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What is Bajaj Finance Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Bajaj Finance is 0.51%.

Good Sign:

Bajaj Finance Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Bajaj Finance's Dividend Yield % or its related term are showing as below:

BOM:500034' s Dividend Yield % Range Over the Past 10 Years
Min: 0.11   Med: 0.25   Max: 0.84
Current: 0.51

During the past 13 years, the highest Dividend Yield of Bajaj Finance was 0.84%. The lowest was 0.11%. And the median was 0.25%.

BOM:500034's Dividend Yield % is ranked worse than
87.44% of 207 companies
in the Credit Services industry
Industry Median: 3.1 vs BOM:500034: 0.51

Bajaj Finance's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Bajaj Finance was 0.18. The lowest was 0.02. And the median was 0.09.

As of today (2024-12-14), the Forward Dividend Yield % of Bajaj Finance is 0.51%.

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

During the past 12 months, Bajaj Finance's average Dividends Per Share Growth Rate was 20.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bajaj Finance was 183.80% per year. The lowest was -48.90% per year. And the median was 26.10% 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.


Bajaj Finance Dividend Yield % Historical Data

The historical data trend for Bajaj Finance's Dividend Yield % 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.

Bajaj Finance Dividend Yield % Chart

Bajaj Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.19 0.14 0.36 0.41

Bajaj Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.41 0.41 0.51 0.47

Competitive Comparison of Bajaj Finance's Dividend Yield %

For the Credit Services subindustry, Bajaj Finance's Dividend Yield %, along with its competitors' market caps and 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.


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

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

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



Bajaj Finance Dividend Yield % Calculation

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

Bajaj Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 36.0000002024-06-212024-06-212024-07-24Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=36/7186.30
=0.50 %

Current Share Price is ₹7186.30.
Bajaj Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹36.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=36/7186.30
=0.50 %

Current Share Price is ₹7186.30.
Bajaj Finance's Dividends per Share for the forward twelve months is calculated as ₹36 * 1 = ₹36.

* 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.


Bajaj Finance  (BOM:500034) 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.


Bajaj Finance Dividend Yield % Related Terms

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


Bajaj Finance Business Description

Traded in Other Exchanges
Address
Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company is a NBFC in India offering payments, partnerships, services, and lending solutions to customers. The company's model is focused on the acquisition of customers and offering multiple loans and services on a cross-sell basis to meet their financial service needs. The company provides discretionary spending across consumer electronics, furniture, and digital products in India. The company's strategies and structure are closely aligned with the commercial banks in India. All of its revenue is generated from India.

Bajaj Finance Headlines

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