Can Fin Homes (CANFINHOME.NS) Dividend: History, Dates & Yield - 2024
Dividend History
Can Fin Homes announced a semi annually dividend of ₹6.00 per ordinary share, payable on 2024-12-20, with an ex-dividend date of 2024-12-04. Can Fin Homes typically pays dividends two times a year, compared to ₹10.00 in 2024.
Find details on Can Fin Homes's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-04 | ₹6.00 | semi annually | 2024-12-20 |
2024-07-18 | ₹4.00 | semi annually | 2024-09-06 |
2023-12-29 | ₹2.00 | semi annually | 2024-01-19 |
2023-06-30 | ₹2.00 | semi annually | 2023-07-31 |
2022-12-08 | ₹1.50 | semi annually | 2022-12-26 |
2022-08-18 | ₹1.50 | semi annually | 2022-10-07 |
2021-12-23 | ₹1.50 | semi annually | 2021-12-31 |
2021-08-18 | ₹2.00 | semi annually | 2021-09-17 |
2020-08-18 | ₹2.00 | semi annually | 2020-08-28 |
2019-07-09 | ₹2.00 | semi annually | 2019-07-26 |
Dividend Increase
Can Fin Homes's dividend growth over the last five years (2020-2024) was 48.81% per year, while over the last ten years (2015-2024), it was 21.46% per year. In comparison, Cholamandalam Investment and Finance has seen an average growth rate of 17.69% over the past five years and Repco Home Finance's growth rate was 3.82%.
By comparing Can Fin Homes's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Can Fin Homes's current trailing twelve-month (TTM) dividend yield is 1.53%. Over the last 12 months, Can Fin Homes has maintained this yield, but how does it compare to similar stocks? For example, Cholamandalam Investment and Finance offers a yield of 0.16%, while Repco Home Finance provides a yield of 0.75%. Comparing similar stocks can help investors assess Can Fin Homes's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Can Fin Homes (CANFINHOME.NS) | 1.53% | ₹10 | ₹651.75 |
Cholamandalam Investment and Finance (CHOLAFIN.NS) | 0.16% | ₹2 | ₹1222.55 |
Repco Home Finance (REPCOHOME.NS) | 0.75% | ₹3 | ₹399.15 |
Dividend Yield Calculator
Interested in purchasing Can Fin Homes stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Can Fin Homes has a payout ratio of 0.00%. In comparison, Cholamandalam Investment and Finance has a payout ratio of 0.00%, while Max Financial Services's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Can Fin Homes
- Global presence The company has a strong international presence with operations in multiple countries.
- Key Segments They operate in diverse sectors such as consumer goods, technology, and healthcare.
- Products/Services The company offers a range of highquality products and services in its key segments.
- Financial stability The company has shown consistent growth and profitability, making it a stable investment option for dividend investors.
Frequently Asked Question
Other factors to consider when evaluating Can Fin Homes 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.
Place an order: Use the brokerage's trading platform to place an order to buy Can Fin Homes 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.
1. Determination of Dividend: Can Fin Homes'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, Can Fin Homes 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, Can Fin Homes 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 Can Fin Homes 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: Can Fin Homes 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, Can Fin Homes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Can Fin Homes 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 Can Fin Homes'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 Can Fin Homes'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.