Baid Finserv Dividend
Dividend criteria checks 2/6
Baid Finserv is a dividend paying company with a current yield of 0.51% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 9th July, 2024.
Key information
0.5%
Dividend yield
9%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 15 Aug 24 |
| Ex dividend date | 09 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹1.08 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Market Cool On Baid Finserv Limited's (NSE:BAIDFIN) Earnings Pushing Shares 31% Lower
Mar 14
Even With A 34% Surge, Cautious Investors Are Not Rewarding Baid Finserv Limited's (NSE:BAIDFIN) Performance Completely
Jan 16Baid Finserv Limited's (NSE:BAIDFIN) Business Is Trailing The Market But Its Shares Aren't
Feb 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BAIDFIN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BAIDFIN has only been paying a dividend for 8 years, and since then payments have not increased.
Dividend Yield vs Market
| Baid Finserv Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BAIDFIN) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Diversified Financial) | 1.4% |
| Analyst forecast in 3 Years (BAIDFIN) | n/a |
Notable Dividend: BAIDFIN's dividend (0.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: BAIDFIN's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.3%), BAIDFIN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BAIDFIN is paying a dividend but the company has no free cash flows.