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Aavas Financiers Limited provides housing loans to customers belonging to low- and middle-income self-employed customers in semi-urban and rural areas in India. It offers home loans for flats, houses, and bungalows, as well as resale properties; land purchase and construction loans, including finance for self-construction of residential house; and home improvement loans, which include loans for tiling or flooring, plaster, painting, etc. The company also provides home equity loans; and micro, small, and medium enterprise loans for business expansion, purchase of equipment, working capital, etc., as well as home loan balance transfer and emergency credit line guarantee scheme products. As of March 31, 2022, it operated through 314 branches covering in 13 states, including Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Delhi, Punjab, Uttarakhand, Himachal Pradesh, Karnataka, and Odisha. The company was formerly known as AU Housing Finance Limited and changed its name to Aavas Financiers Limited in February 2017. Aavas Financiers Limited was incorporated in 2011 and is based in Jaipur, India.

Aavas Financiers Dividend Announcement

Aavas Financiers does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Aavas Financiers dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Aavas Financiers Dividend History

Aavas Financiers Dividend Yield

Aavas Financiers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Aavas Financiers stock? Use our calculator to estimate your expected dividend yield:

Aavas Financiers Financial Ratios

P/E ratio24.53
PEG ratio1.49
P/B ratio3.23
ROE14.12%
Payout ratio0.00%
Current ratio891.99
Quick ratio891.99
Cash Ratio13.80

Aavas Financiers Dividend FAQ

Does Aavas Financiers stock pay dividends?
Aavas Financiers does not currently pay dividends to its shareholders.
Has Aavas Financiers ever paid a dividend?
No, Aavas Financiers has no a history of paying dividends to its shareholders. Aavas Financiers is not known for its dividend payments.
Why doesn't Aavas Financiers pay dividends?
There are several potential reasons why Aavas Financiers would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Aavas Financiers ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Aavas Financiers has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Aavas Financiers a dividend aristocrat?
Aavas Financiers is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Aavas Financiers a dividend king?
Aavas Financiers is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Aavas Financiers a dividend stock?
No, Aavas Financiers is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Aavas Financiers stocks?
To buy Aavas Financiers you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Aavas Financiers stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.