Shriram Finance Dividends and Buybacks
Dividend criteria checks 4/6
Shriram Finance is a dividend paying company with a current yield of 1.3% that is well covered by earnings.
Key information
1.3%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹37.000 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (511218) | 1.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Consumer Finance) | 0.7% |
| Analyst forecast (511218) (up to 3 years) | 2.1% |
Notable Dividend: 511218's dividend (1.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 511218's dividend (1.3%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), 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.