Shriram Finance Dividend
Dividend criteria checks 4/6
Shriram Finance is a dividend paying company with a current yield of 1.74% 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
1.7%
Dividend yield
23%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 28 Aug 24 |
| Ex dividend date | 23 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹196.02 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Shriram Finance Limited's (NSE:SHRIRAMFIN) Price Is Right But Growth Is Lacking
Apr 17
Shriram Finance (NSE:SHRIRAMFIN) Ticks All The Boxes When It Comes To Earnings Growth
Feb 23Shriram Finance Limited's (NSE:SHRIRAMFIN) Low P/E No Reason For Excitement
Jan 06With EPS Growth And More, Shriram Finance (NSE:SHRIRAMFIN) Makes An Interesting Case
Nov 10Do Shriram Finance's (NSE:SHRIRAMFIN) Earnings Warrant Your Attention?
Aug 12Here's Why We Think Shriram Finance (NSE:SHRIRAMFIN) Might Deserve Your Attention Today
May 14Here's Why We Think Shriram Transport Finance (NSE:SRTRANSFIN) Might Deserve Your Attention Today
Aug 23Most Shareholders Will Probably Agree With Shriram Transport Finance Company Limited's (NSE:SRTRANSFIN) CEO Compensation
Jun 18What Makes Shriram Transport Finance Company Limited (NSE:SRTRANSFIN) A Great Dividend Stock?
Apr 08Can You Imagine How Shriram Transport Finance's (NSE:SRTRANSFIN) Shareholders Feel About The 92% Share Price Increase?
Mar 18Who Has Been Selling Shriram Transport Finance Company Limited (NSE:SRTRANSFIN) Shares?
Feb 24Here's What We Learned About The CEO Pay At Shriram Transport Finance Company Limited (NSE:SRTRANSFIN)
Feb 04Are Institutions Heavily Invested In Shriram Transport Finance Company Limited's (NSE:SRTRANSFIN) Shares?
Jan 14If You Had Bought Shriram Transport Finance (NSE:SRTRANSFIN) Shares Five Years Ago You'd Have Earned 31% Returns
Dec 10How Does Shriram Transport Finance Company Limited (NSE:SRTRANSFIN) Fare As A Dividend Stock?
Nov 05What Kind Of Investors Own Most Of Shriram Transport Finance Company Limited (NSE:SRTRANSFIN)?
Oct 01Shriram Transport Finance (NSE:SRTRANSFIN) Share Prices Have Dropped 27% In The Last Three Years
Aug 27Shriram Transport Finance Company Limited (NSE:SRTRANSFIN) Vies For A Place In Your Dividend Portfolio: Here's Why
Jul 24
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHRIRAMFIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHRIRAMFIN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shriram Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHRIRAMFIN) | 1.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Consumer Finance) | 0.7% |
| Analyst forecast in 3 Years (SHRIRAMFIN) | 1.9% |
Notable Dividend: SHRIRAMFIN's dividend (1.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: SHRIRAMFIN's dividend (1.74%) 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 (22.9%), SHRIRAMFIN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SHRIRAMFIN is paying a dividend but the company has no free cash flows.