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 0.69%
Baid Finserv Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | ₹0.10 | annually | 2024-08-15 |
2023-08-31 | ₹0.10 | annually | 2023-10-07 |
Baid Finserv Dividend per year
Baid Finserv Dividend Yield
Baid Finserv current trailing twelve-month (TTM) dividend yield is 0.69%. Interested in purchasing Baid Finserv stock? Use our calculator to estimate your expected dividend yield:
Baid Finserv Financial Ratios
Baid Finserv Dividend FAQ
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.
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