Shriram Finance Limited

BSE:511218 Stock Report

Market Cap: ₹1.1t

Shriram Finance Dividend

Dividend criteria checks 4/6

Shriram Finance is a dividend paying company with a current yield of 1.57% that is well covered by earnings. Next payment date is on 28th August, 2024 with an ex-dividend date of 23rd July, 2024.

Key information

1.6%

Dividend yield

23%

Payout ratio

Industry average yield0.7%
Next dividend pay date28 Aug 24
Ex dividend date23 Jul 24
Dividend per sharen/a
Earnings per share₹196.02
Dividend yield forecast in 3Y1.6%

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayJul 18 2024Ex Dividend DateJul 23 2024Dividend Pay DateAug 28 202436 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 511218's dividend payments have been volatile in the past 10 years.

Growing Dividend: 511218's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shriram Finance Dividend Yield vs Market
How does 511218 dividend yield compare to the market?
SegmentDividend Yield
Company (511218)1.6%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.1%
Industry Average (Consumer Finance)0.7%
Analyst forecast in 3 Years (511218)1.6%

Notable Dividend: 511218's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: 511218's dividend (1.57%) is in the top 25% of dividend payers in the Indian market (1.09%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.9%), 511218's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 511218 is paying a dividend but the company has no free cash flows.


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