As of today (2024-04-25), the Trailing Annual Dividend Yield of Bajaj Finserv is 0.05%.
Good Sign:
Bajaj Finserv Ltd stock dividend yield is close to 1-year high.
The historical rank and industry rank for Bajaj Finserv's Dividend Yield % or its related term are showing as below:
BOM:532978'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.26
Current: 0.05
During the past 13 years, the highest Dividend Yield of Bajaj Finserv was 0.26%. The lowest was 0.02%. And the median was 0.05%.
BOM:532978's Dividend Yield % is ranked worse than 100% of 44
companies
in the Diversified Financial Services industry
Industry Median: 3.265
vs BOM:532978: 0.05
Bajaj Finserv's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.00.
During the past 13 years, the highest Dividend Payout Ratio of Bajaj Finserv was 0.04. The lowest was 0.01. And the median was 0.01.
Bajaj Finserv's Dividends per Share for the
three
months ended in Dec. 2023 was ₹0.00.
During the past 12 months, Bajaj Finserv's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -18.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bajaj Finserv was 33.50% per year. The lowest was -20.60% per year. And the median was 13.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Bajaj Finserv Dividend Yield % Historical Data
The historical data trend for Bajaj Finserv'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.
Competitive Comparison of Bajaj Finserv's Dividend Yield %
For the Financial Conglomerates subindustry, Bajaj Finserv'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 Finserv's Dividend Yield % Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Bajaj Finserv's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Bajaj Finserv's Dividend Yield % falls into.
Bajaj Finserv Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Bajaj Finserv Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 0.800
2023-06-30
2023-06-30
2023-07-28
Cash Dividend
annually
INR: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 Finserv's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.8
/
1630.45
=
0.05 %
Current Share Price is ₹1630.45.
Bajaj Finserv's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.8.
Bajaj Finserv's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.8
/
1630.45
=
0.05 %
Current Share Price is ₹1630.45.
Bajaj Finserv's Dividends per Share for the forward twelve months is calculated as ₹0.8 * 1 = ₹0.8.
* 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.
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.
Thank you for viewing the detailed overview of Bajaj Finserv's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.
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