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Bajaj Finance Limited operates as a non-banking financial company in India. The company offers consumer durable, lifestyle, lifecare, digital product, two and three wheeler, developer, used car, medical equipment, vendor, light engineering, specialty chemicals, financial institution, corporate, and warehouse finance services; IPO and ESOP finance, margin trading finance, trading account, depository, and HNI and retail broking services; personal, gold, home, business, working capital, secured enterprise, and professional loans; and loan against fixed deposits, shares, properties, and securities. It also provides life, general, and health insurance, as well as pocket insurance products; extended warranty, e-commerce, and lease rental discounting services; financial fitness reports; and EMI cards, and co-branded credit cards and wallets, as well as offers investment services, such as systematic deposit plan, fixed and term deposits, and mutual funds. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Limited.

Bajaj Finance Dividend Announcement

Bajaj Finance announced a annually dividend of ₹36.00 per ordinary share which will be made payable on 2024-07-27. Ex dividend date: 2024-06-21
Bajaj Finance annual dividend for 2024 was ₹36.00
Bajaj Finance annual dividend for 2023 was ₹30.00
Bajaj Finance's trailing twelve-month (TTM) dividend yield is 0.51%
Bajaj Finance's dividend growth over the last five years (2018-2023) was 49.63% year
Bajaj Finance's dividend growth over the last ten years (2013-2023) was 14.87% year

Bajaj Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21₹36.00annually2024-07-27
2023-06-30₹30.00annually2023-08-25
2022-06-30₹20.00annually2022-08-26
2021-07-08₹10.00annually2021-07-26
2020-03-03₹10.00annually2020-03-09
2019-07-11₹6.00annually2019-07-31
2018-07-05₹4.00annually2018-07-27
2017-07-06₹3.60annually2017-07-27
2016-07-14₹3.50annually2016-08-26
2016-03-16₹9.00annually2016-03-28
2015-07-09₹9.00annually2015-07-29
2014-07-03₹8.00annually2014-07-23
2013-07-04₹7.50annually2013-07-25

Bajaj Finance Dividend per year

Bajaj Finance Dividend growth

Bajaj Finance Dividend Yield

Bajaj Finance current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Bajaj Finance stock? Use our calculator to estimate your expected dividend yield:

Bajaj Finance Financial Ratios

P/E ratio28.67
PEG ratio21.31
P/B ratio5.08
ROE20.50%
Payout ratio0.00%
Current ratio2.56
Quick ratio2.56
Cash Ratio2.56

Bajaj Finance Dividend FAQ

How much is the next Bajaj Finance dividend?
Bajaj Finance'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 Finance dividend. The next Bajaj Finance dividend will be released in June.
When is Bajaj Finance dividend paid?
Bajaj Finance 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 Finance pay?
The specific amount of Bajaj Finance 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 Finance's dividend history.
Does Bajaj Finance stock pay dividends?
Yes, Bajaj Finance 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 Finance's dividend history.
How much dividend does Bajaj Finance pay?
Bajaj Finance paid ₹36.0 in 2024, ₹30.0 in 2023, ₹20.0 in 2022, ₹10.0 in 2021, and ₹10.0 in 2020.
How often does Bajaj Finance pay dividends?
Bajaj Finance 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 Finance's dividend yield?
The current dividend yield for Bajaj Finance is 0.51%. 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 Finance's exact dividend yield.
When does Bajaj Finance go ex dividend?
Bajaj Finance's ex-dividend date for the latest dividend was on 2024-06-21. Bajaj Finance 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 Finance dividend paid?
Bajaj Finance pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Bajaj Finance 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 Finance 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 Finance dividend per share?
Bajaj Finance paid ₹36.0 per share in 2024 and ₹30.0 per share in 2023. The amount of dividend per share that Bajaj Finance 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 Finance 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 Finance 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 Finance a dividend stock?
Yes, Bajaj Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bajaj Finance a good dividend stock?
Whether Bajaj Finance 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 Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Bajaj Finance 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 Finance pay dividends monthly?
Bajaj Finance typically pays dividends on a annually basis.
Does Bajaj Finance pay dividends quarterly?
Bajaj Finance currently pays dividends on a annually basis.
Has Bajaj Finance ever paid a dividend?
Yes, Bajaj Finance has a history of paying dividends to its shareholders. Bajaj Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bajaj Finance dividend stocks?
To buy Bajaj Finance 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 Finance 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 Finance pay dividends 2024?
Bajaj Finance pays dividends on a annually basis. 2024 dividend payments are in 2024-07-27. 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 Finance increase its dividend in 2024?
Decisions regarding Bajaj Finance 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 Finance dividend overview you can look into the above table of dividend history.
How Bajaj Finance dividend works?
The Bajaj Finance 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 Finance's dividend process works:

1. Determination of Dividend: Bajaj Finance'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 Finance 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 Finance 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 Finance 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 Finance dividends paid?
Bajaj Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Bajaj Finance 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 Finance 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 Finance 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 Finance pay dividends?
Bajaj Finance 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 Finance pay dividends?
The general pattern is that Bajaj Finance 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 Finance dividend safe?
The safety of Bajaj Finance'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 Finance'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 Finance'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.