Bajaj Auto Limited develops, manufactures, and distributes automobiles in India. It operates through Automotive and Investments segments. The company offers motorcycles, commercial vehicles, electric two-wheelers, etc., as well as related parts. It also exports its products. The company was founded in 1945 and is based in Pune, India.
Bajaj Auto Dividend Announcement
• Bajaj Auto announced a annually dividend of ₹80.00 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-06-14 • Bajaj Auto annual dividend for 2024 was ₹80.00 • Bajaj Auto annual dividend for 2023 was ₹140.00 • Bajaj Auto's trailing twelve-month (TTM) dividend yield is 0.81% • Bajaj Auto's dividend growth over the last five years (2018-2023) was 18.47% year • Bajaj Auto's dividend growth over the last ten years (2013-2023) was 12.02% year
Bajaj Auto current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Bajaj Auto stock? Use our calculator to estimate your expected dividend yield:
Bajaj Auto Financial Ratios
P/E ratio37.48
PEG ratio4.68
P/B ratio8.92
ROE24.94%
Payout ratio0.00%
Current ratio1.52
Quick ratio1.36
Cash Ratio0.10
Bajaj Auto Dividend FAQ
How much is the next Bajaj Auto dividend?
Bajaj Auto's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bajaj Auto dividend. The next Bajaj Auto dividend will be released in June.
When is Bajaj Auto dividend paid?
Bajaj Auto pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bajaj Auto pay?
The specific amount of Bajaj Auto dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bajaj Auto's dividend history.
Does Bajaj Auto stock pay dividends?
Yes, Bajaj Auto does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bajaj Auto's dividend history.
How much dividend does Bajaj Auto pay?
Bajaj Auto paid ₹80 in 2024, ₹140 in 2023, ₹140 in 2022, ₹140 in 2021, and ₹120 in 2020.
How often does Bajaj Auto pay dividends?
Bajaj Auto typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Bajaj Auto's dividend yield?
The current dividend yield for Bajaj Auto is 0.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bajaj Auto's exact dividend yield.
When does Bajaj Auto go ex dividend?
Bajaj Auto's ex-dividend date for the latest dividend was on 2024-06-14. Bajaj Auto typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bajaj Auto dividend paid?
Bajaj Auto pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Bajaj Auto increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bajaj Auto will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bajaj Auto dividend per share?
Bajaj Auto paid ₹80 per share in 2024 and ₹140 per share in 2023. The amount of dividend per share that Bajaj Auto pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bajaj Auto a dividend aristocrat?
No, 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 Bajaj Auto a dividend king?
No, 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 Bajaj Auto a dividend stock?
Yes, Bajaj Auto is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bajaj Auto a good dividend stock?
Whether Bajaj Auto is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bajaj Auto has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bajaj Auto as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bajaj Auto pay dividends monthly?
Bajaj Auto typically pays dividends on a annually basis.
Does Bajaj Auto pay dividends quarterly?
Bajaj Auto currently pays dividends on a annually basis.
Has Bajaj Auto ever paid a dividend?
Yes, Bajaj Auto has a history of paying dividends to its shareholders. Bajaj Auto is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bajaj Auto dividend stocks?
To buy Bajaj Auto 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bajaj Auto 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.
When does Bajaj Auto pay dividends 2024?
Bajaj Auto pays dividends on a annually basis. 2024 dividend payments are in 2024-08-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bajaj Auto increase its dividend in 2024?
Decisions regarding Bajaj Auto dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bajaj Auto dividend overview you can look into the above table of dividend history.
How Bajaj Auto dividend works?
The Bajaj Auto dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bajaj Auto's dividend process works:
1. Determination of Dividend: Bajaj Auto's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bajaj Auto publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bajaj Auto distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bajaj Auto are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bajaj Auto dividends paid?
Bajaj Auto dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bajaj Auto sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bajaj Auto distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bajaj Auto declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bajaj Auto pay dividends?
Bajaj Auto typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bajaj Auto pay dividends?
The general pattern is that Bajaj Auto pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bajaj Auto dividend safe?
The safety of Bajaj Auto's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bajaj Auto's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bajaj Auto's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.