Aditya Birla Sun Life AMC Dividend
Dividend criteria checks 4/6
Aditya Birla Sun Life AMC is a dividend paying company with a current yield of 1.91% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 1st August, 2024.
Key information
1.9%
Dividend yield
50%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 06 Sep 24 |
| Ex dividend date | 01 Aug 24 |
| Dividend per share | ₹13.500 |
| Earnings per share | ₹28.86 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Aditya Birla Sun Life AMC (NSE:ABSLAMC) Will Pay A Larger Dividend Than Last Year At ₹13.50
Jul 26
Aditya Birla Sun Life AMC's (NSE:ABSLAMC) Dividend Will Be Increased To ₹13.50
Jul 12Recent updates
Aditya Birla Sun Life AMC (NSE:ABSLAMC) Will Pay A Larger Dividend Than Last Year At ₹13.50
Jul 26Aditya Birla Sun Life AMC's (NSE:ABSLAMC) Dividend Will Be Increased To ₹13.50
Jul 12Aditya Birla Sun Life AMC Limited (NSE:ABSLAMC) Surges 28% Yet Its Low P/E Is No Reason For Excitement
Jun 15Earnings Update: Here's Why Analysts Just Lifted Their Aditya Birla Sun Life AMC Limited (NSE:ABSLAMC) Price Target To ₹552
May 01Results: Aditya Birla Sun Life AMC Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 01Aditya Birla Sun Life AMC Limited's (NSE:ABSLAMC) Low P/E No Reason For Excitement
Feb 28Analysts Have Lowered Expectations For Aditya Birla Sun Life AMC Limited (NSE:ABSLAMC) After Its Latest Results
Jul 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ABSLAMC has been paying a dividend for less than 10 years.
Growing Dividend: ABSLAMC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Aditya Birla Sun Life AMC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABSLAMC) | 1.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Capital Markets) | 1.4% |
| Analyst forecast in 3 Years (ABSLAMC) | 2.7% |
Notable Dividend: ABSLAMC's dividend (1.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: ABSLAMC's dividend (1.91%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), ABSLAMC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), ABSLAMC's dividend payments are covered by cash flows.