Bajaj Holdings & Investment is a dividend paying company with a current yield of 1.6% 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: BAJAJHLDNG's dividend payments have been volatile in the past 10 years.
Growing Dividend: BAJAJHLDNG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bajaj Holdings & Investment Dividend Yield vs Market
How does BAJAJHLDNG dividend yield compare to the market?
Segment
Dividend Yield
Company (BAJAJHLDNG)
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 (BAJAJHLDNG)
n/a
Notable Dividend: BAJAJHLDNG's dividend (1.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: BAJAJHLDNG's dividend (1.6%) 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%), BAJAJHLDNG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.1%), BAJAJHLDNG's dividend payments are covered by cash flows.