Bajaj Finserv Ltd., through its subsidiaries, provides financial services in India. The company operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments. It offers personal, business, home, commercial, and gold loans; two and three wheeler loans; mortgages; unsecured and secured loans; loans against securities and properties; financing for products, such as consumer durable, digital, lifecare, furniture, etc.; and lease rental discounting products. The company also provides investment products, including fixed and term deposits, demat accounts, systematic deposit plans, and mutual funds; life, health, motor, car, two-wheeler, marine, home, crop, pocket, and travel insurance products; finance for professionals; savings products, wealth management and retirement planning services, and annuities; healthcare needs for the family; extended warranty, asset care, and financial fitness report services; and wallets and credit cards. In addition, it offers payments; SME finance products; and trading account, depository, margin trading, and HNI and retail broking services. Further, the company owns and operates 138 windmills with total installed capacity of 65.2 megawatts. Bajaj Finserv Ltd. was incorporated in 2007 and is based in Pune, India.
Bajaj Finserv Dividend Announcement
• Bajaj Finserv announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-06-21
• Bajaj Finserv annual dividend for 2024 was ₹1.00
• Bajaj Finserv annual dividend for 2023 was ₹0.80
• Bajaj Finserv's trailing twelve-month (TTM) dividend yield is 0.06%
• Bajaj Finserv's dividend growth over the last five years (2018-2023) was -1.78% year
• Bajaj Finserv's dividend growth over the last ten years (2013-2023) was 0.65% year
Bajaj Finserv Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ₹1.00 | annually | 2024-08-23 |
2023-06-30 | ₹0.80 | annually | 2023-08-26 |
2022-06-30 | ₹2.00 | annually | 2022-08-01 |
2021-07-08 | ₹1.50 | annually | 2021-07-26 |
2020-03-03 | ₹2.50 | annually | 2020-03-09 |
2019-07-11 | ₹1.25 | annually | 2019-07-31 |
2018-07-05 | ₹0.88 | annually | 2018-07-25 |
2017-07-06 | ₹0.88 | annually | 2017-07-25 |
2016-03-16 | ₹0.88 | annually | 2016-03-28 |
2015-07-09 | ₹0.88 | annually | 2015-07-28 |
2014-07-03 | ₹0.88 | annually | 2014-07-22 |
2013-07-04 | ₹0.75 | annually | 2013-08-17 |
Bajaj Finserv Dividend per year
Bajaj Finserv Dividend growth
Bajaj Finserv Dividend Yield
Bajaj Finserv current trailing twelve-month (TTM) dividend yield is 0.06%. Interested in purchasing Bajaj Finserv stock? Use our calculator to estimate your expected dividend yield:
Bajaj Finserv Financial Ratios
Bajaj Finserv Dividend FAQ
Other factors to consider when evaluating Bajaj Finserv 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.
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1. Determination of Dividend: Bajaj Finserv'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 Finserv 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 Finserv 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 Finserv 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.
1. Record Date: Bajaj Finserv 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 Finserv 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 Finserv 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.
To assess the safety of Bajaj Finserv'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 Finserv'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.