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Baid Finserv Limited operates as a non-banking finance company in India. The company provides car loans, commercial vehicle loans, small and medium enterprise loans, loan against property, and other asset backed loans. It also offers life, dwelling, and motor insurance products. The company was formerly known as Baid Leasing and Finance Co. Ltd. and changed its name to Baid Finserv Limited in July 2022. Baid Finserv Limited was incorporated in 1991 and is based in Jaipur, India.

Baid Finserv Dividend Announcement

Baid Finserv announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-09
Baid Finserv annual dividend for 2024 was ₹0.10
Baid Finserv annual dividend for 2023 was ₹0.10
Baid Finserv's trailing twelve-month (TTM) dividend yield is 0.65%

Baid Finserv Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-09₹0.10annually2024-08-15
2023-08-31₹0.10annually2023-10-07

Baid Finserv Dividend per year

Baid Finserv Dividend Yield

Baid Finserv current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Baid Finserv stock? Use our calculator to estimate your expected dividend yield:

Baid Finserv Financial Ratios

P/E ratio17.70
PEG ratio-0.54
P/B ratio1.11
ROE6.35%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Baid Finserv Dividend FAQ

Does Baid Finserv stock pay dividends?
Baid Finserv does not currently pay dividends to its shareholders.
Has Baid Finserv ever paid a dividend?
No, Baid Finserv has no a history of paying dividends to its shareholders. Baid Finserv is not known for its dividend payments.
Why doesn't Baid Finserv pay dividends?
There are several potential reasons why Baid Finserv 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 Baid Finserv 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 Baid Finserv 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 Baid Finserv a dividend aristocrat?
Baid Finserv 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 Baid Finserv a dividend king?
Baid Finserv 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 Baid Finserv a dividend stock?
No, Baid Finserv 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 Baid Finserv stocks?
To buy Baid Finserv 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 Baid Finserv 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.