If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nippon Life India Asset Management Ltd is 0.74, which seems too high.
During the past 12 years, the highest Dividend Payout Ratio of Nippon Life India Asset Management was 1.00. The lowest was 0.55. And the median was 0.74.
During the past 12 months, Nippon Life India Asset Management's average Dividends Per Share Growth Rate was 13.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 37.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 27.00% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Life India Asset Management was 37.50% per year. The lowest was 24.20% per year. And the median was 28.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Nippon Life India Asset Management Dividend Yield % Historical Data
* 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.
Nippon Life India Asset Management Dividend Yield % Chart
Competitive Comparison of Nippon Life India Asset Management's Dividend Yield %
For the Asset Management subindustry, Nippon Life India Asset Management'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.
Nippon Life India Asset Management's Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Nippon Life India Asset Management's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nippon Life India Asset Management's Dividend Yield % falls into.
Nippon Life India Asset Management Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nippon Life India Asset Management Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 5.500000
2023-11-09
2023-11-09
2023-11-21
Cash Dividend
semi-annually
INR:INR 1.000000
INR 7.500000
2023-06-30
2023-06-30
2023-07-19
Cash Dividend
semi-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.
* 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.
Nippon Life India Asset Management (BOM:540767) 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.
Nippon Life India Asset Management Dividend Yield % Related Terms
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Nippon Life India Asset Management (BOM:540767) Business Description
Nippon Life India Asset Management Ltd is an asset management company managing equity and fixed-income mutual funds. It engages in managing mutual funds including exchange-traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds, and pension funds; and offshore funds and advisory mandates. The group mainly focuses on equity funds, debt funds, gold funds, liquid funds, ETFs, retirement funds, and others.
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