Bajaj Holdings & Investment Dividend
Dividend criteria checks 5/6
Bajaj Holdings & Investment is a dividend paying company with a current yield of 1.61% that is well covered by earnings. Next payment date is on 29th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
1.6%
Dividend yield
20%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 29 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | ₹652.98 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500490's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500490's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bajaj Holdings & Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500490) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Diversified Financial) | 1.2% |
| Analyst forecast in 3 Years (500490) | n/a |
Notable Dividend: 500490's dividend (1.61%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500490's dividend (1.61%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 500490's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.1%), 500490's dividend payments are covered by cash flows.