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Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Dividend Yield % : 0.17% (As of Apr. 24, 2024)


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What is Cholamandalam Investment and Finance Co Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of Cholamandalam Investment and Finance Co is 0.17%.

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

NSE:CHOLAFIN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.13   Med: 0.46   Max: 1.7
Current: 0.17

During the past 13 years, the highest Dividend Yield of Cholamandalam Investment and Finance Co was 1.70%. The lowest was 0.13%. And the median was 0.46%.

NSE:CHOLAFIN's Dividend Yield % is ranked worse than
92.76% of 221 companies
in the Credit Services industry
Industry Median: 3.61 vs NSE:CHOLAFIN: 0.17

Cholamandalam Investment and Finance Co'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 Cholamandalam Investment and Finance Co was 0.13. The lowest was 0.05. And the median was 0.08.

As of today (2024-04-24), the Forward Dividend Yield % of Cholamandalam Investment and Finance Co is 0.17%.

Cholamandalam Investment and Finance Co's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cholamandalam Investment and Finance Co was 51.80% per year. The lowest was -37.00% per year. And the median was 15.40% per year.

The growth rate is calculated with least square regression.

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


Cholamandalam Investment and Finance Co Dividend Yield % Historical Data

The historical data trend for Cholamandalam Investment and Finance Co'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.

Cholamandalam Investment and Finance Co Dividend Yield % Chart

Cholamandalam Investment and Finance Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 1.37 0.23 0.28 0.26

Cholamandalam Investment and Finance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.26 0.18 0.16 0.16

Competitive Comparison of Cholamandalam Investment and Finance Co's Dividend Yield %

For the Credit Services subindustry, Cholamandalam Investment and Finance Co'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.


Cholamandalam Investment and Finance Co's Dividend Yield % Distribution in the Credit Services Industry

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

* The bar in red indicates where Cholamandalam Investment and Finance Co's Dividend Yield % falls into.



Cholamandalam Investment and Finance Co Dividend Yield % Calculation

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

Cholamandalam Investment and Finance Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.3002024-02-072024-02-072024-02-20Cash Dividendsemi-annuallyINR:INR 1.000000
INR 0.7002023-07-252023-07-262023-08-16Cash Dividendsemi-annuallyINR: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.

Cholamandalam Investment and Finance Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2/1168.80
=0.17 %

Current Share Price is ₹1168.80.
Cholamandalam Investment and Finance Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.

Cholamandalam Investment and Finance Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.6/1168.80
=0.22 %

Current Share Price is ₹1168.80.
Cholamandalam Investment and Finance Co's Dividends per Share for the forward twelve months is calculated as ₹1.3 * 2 = ₹2.6.

* 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.


Cholamandalam Investment and Finance Co  (NSE:CHOLAFIN) 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.


Cholamandalam Investment and Finance Co Dividend Yield % Related Terms

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


Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Business Description

Traded in Other Exchanges
Address
No.2, N.S.C. Bose Road, Parrys, Dare House, 1st Floor, Chennai, TN, IND, 600001
Cholamandalam Investment and Finance Co Ltd serve as the financial services arm of the Murugappa Group. Its subsidiaries include Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). The company's operating segments include Vehicle finance loans, which provide loans for the purchase of vehicles, tractors, and construction equipment. Home Loans include loans given for the acquisition of residential property. Loan against property which includes Loans to the customer against immovable property and Other loans, including loans against shares and SME loans. The company also offers investment advisory and stockbroking services. It operates solely in India.

Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Headlines

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