Cholamandalam Investment and Finance Company Limited, a non-banking finance company, provides various financial services in India. The company operates through Vehicle Finance, Loan Against Property, Home Loans, and Other loans segments. It offers two and three wheeler loans, new and used commercial vehicle loans, tractor loans, car and multi utility vehicles loans, and construction equipment loans, as well as loans to automobile dealers; loans against properties; home loans; loans for the self-construction, purchase of resale and new flats, independent houses, and ready to occupy homes; balance transfer facility for existing home loans; mixed use for residential and commercial; shop loans; business loans for micro, small and medium enterprises; professional loans; personal loans; rural and agri-loans; and refinance against existing vehicles. The company also provides supply chain financing, term loans for capex, loan against shares, and funding on hypothecation of machinery for specific industries; wealth management services comprising mutual funds, fixed deposits and bonds, debentures, PMS, insurance, sovereign gold bonds, and initial public offers; other unsecured loans; and stock broking services for mutual funds, stocks and derivatives, exchange-traded funds, and bonds, as well as internet broking, demat, and depository participant services. In addition, it provides online payment gateway services for e-commerce businesses; e-commerce solutions; and Payswiff, an omni channel payment transaction solution. As of March 31, 2022, it operated through a network of 1,145 branches. The company was incorporated in 1978 and is headquartered in Chennai, India.
Cholamandalam Investment and Finance Dividend Announcement
• Cholamandalam Investment and Finance announced a semi annually dividend of ₹0.70 per ordinary share which will be made payable on 2024-08-24. Ex dividend date: 2024-07-19
• Cholamandalam Investment and Finance annual dividend for 2024 was ₹2.00
• Cholamandalam Investment and Finance annual dividend for 2023 was ₹2.00
• Cholamandalam Investment and Finance's trailing twelve-month (TTM) dividend yield is 0.16%
• Cholamandalam Investment and Finance's dividend growth over the last five years (2018-2023) was -42.74% year
• Cholamandalam Investment and Finance's dividend growth over the last ten years (2013-2023) was -19.50% year
Cholamandalam Investment and Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-19 | ₹0.70 | semi annually | 2024-08-24 |
| 2024-02-07 | ₹1.30 | semi annually | 2024-02-24 |
| 2023-07-25 | ₹0.70 | semi annually | 2023-08-31 |
| 2023-02-10 | ₹1.30 | semi annually | 2023-02-26 |
| 2022-07-21 | ₹0.70 | semi annually | 2022-08-27 |
| 2022-02-10 | ₹1.30 | semi annually | 2022-02-25 |
| 2021-07-22 | ₹0.70 | semi annually | 2021-08-28 |
| 2021-02-09 | ₹1.30 | semi annually | 2021-02-27 |
| 2020-03-04 | ₹0.70 | semi annually | 2020-03-13 |
| 2019-12-23 | ₹1.00 | semi annually | 2020-01-01 |
| 2019-07-22 | ₹2.00 | semi annually | 2019-08-06 |
| 2019-02-08 | ₹22.50 | semi annually | 2019-02-22 |
| 2018-07-18 | ₹10.00 | semi annually | 2018-08-02 |
| 2018-02-09 | ₹22.50 | semi annually | 2018-02-22 |
| 2017-07-19 | ₹10.00 | semi annually | 2017-08-03 |
| 2017-02-06 | ₹17.50 | semi annually | 2017-02-17 |
| 2016-07-21 | ₹10.00 | semi annually | 2016-08-05 |
| 2016-02-09 | ₹12.50 | semi annually | 2016-02-28 |
| 2015-07-23 | ₹5.00 | semi annually | 2015-08-07 |
| 2015-02-05 | ₹12.50 | semi annually | 2015-02-26 |
| 2014-07-23 | ₹5.00 | semi annually | 2014-08-30 |
| 2014-02-06 | ₹12.50 | semi annually | 2014-02-28 |
| 2013-07-24 | ₹5.00 | semi annually | 2013-08-31 |
| 2013-01-30 | ₹12.50 | semi annually | 2013-02-17 |
Cholamandalam Investment and Finance Dividend per year
Cholamandalam Investment and Finance Dividend growth
Cholamandalam Investment and Finance Dividend Yield
Cholamandalam Investment and Finance current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Cholamandalam Investment and Finance stock? Use our calculator to estimate your expected dividend yield:
Cholamandalam Investment and Finance Financial Ratios
P/E ratio27.96
PEG ratio3.69
P/B ratio5.03
ROE20.17%
Payout ratio0.00%
Current ratio6.27
Quick ratio6.27
Cash Ratio6.27
Cholamandalam Investment and Finance Dividend FAQ
How much is the next Cholamandalam Investment and Finance dividend?
Cholamandalam Investment and 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 Cholamandalam Investment and Finance dividend. The next Cholamandalam Investment and Finance dividend will be released in February, or July.
When is Cholamandalam Investment and Finance dividend paid?
Cholamandalam Investment and Finance pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and July. 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 Cholamandalam Investment and Finance pay?
The specific amount of Cholamandalam Investment and 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 Cholamandalam Investment and Finance's dividend history.
Does Cholamandalam Investment and Finance stock pay dividends?
Yes, Cholamandalam Investment and 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 Cholamandalam Investment and Finance's dividend history.
How much dividend does Cholamandalam Investment and Finance pay?
Cholamandalam Investment and Finance paid ₹2.0 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹2.0 in 2021, and ₹0.7 in 2020.
How often does Cholamandalam Investment and Finance pay dividends?
Cholamandalam Investment and Finance typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and July.
What is Cholamandalam Investment and Finance's dividend yield?
The current dividend yield for Cholamandalam Investment and Finance is 0.16%. 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 Cholamandalam Investment and Finance's exact dividend yield.
When does Cholamandalam Investment and Finance go ex dividend?
Cholamandalam Investment and Finance's ex-dividend date for the latest dividend was on 2024-07-19. Cholamandalam Investment and 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 Cholamandalam Investment and Finance dividend paid?
Cholamandalam Investment and Finance pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Cholamandalam Investment and 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 Cholamandalam Investment and 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 Cholamandalam Investment and Finance dividend per share?
Cholamandalam Investment and Finance paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Cholamandalam Investment and 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 Cholamandalam Investment and 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 Cholamandalam Investment and 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 Cholamandalam Investment and Finance a dividend stock?
Yes, Cholamandalam Investment and Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cholamandalam Investment and Finance a good dividend stock?
Whether Cholamandalam Investment and 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. Cholamandalam Investment and Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Cholamandalam Investment and 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.
Other factors to consider when evaluating Cholamandalam Investment and 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 Cholamandalam Investment and Finance pay dividends monthly?
Cholamandalam Investment and Finance typically pays dividends on a semi annually basis.
Does Cholamandalam Investment and Finance pay dividends quarterly?
Cholamandalam Investment and Finance currently pays dividends on a semi annually basis.
Has Cholamandalam Investment and Finance ever paid a dividend?
Yes, Cholamandalam Investment and Finance has a history of paying dividends to its shareholders. Cholamandalam Investment and Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cholamandalam Investment and Finance dividend stocks?
To buy Cholamandalam Investment and 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 Cholamandalam Investment and 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.
Place an order: Use the brokerage's trading platform to place an order to buy Cholamandalam Investment and 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 Cholamandalam Investment and Finance pay dividends 2024?
Cholamandalam Investment and Finance pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-24. 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 Cholamandalam Investment and Finance increase its dividend in 2024?
Decisions regarding Cholamandalam Investment and 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 Cholamandalam Investment and Finance dividend overview you can look into the above table of dividend history.
How Cholamandalam Investment and Finance dividend works?
The Cholamandalam Investment and 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 Cholamandalam Investment and Finance's dividend process works:
1. Determination of Dividend: Cholamandalam Investment and 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, Cholamandalam Investment and 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, Cholamandalam Investment and 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 Cholamandalam Investment and 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.
1. Determination of Dividend: Cholamandalam Investment and 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, Cholamandalam Investment and 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, Cholamandalam Investment and 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 Cholamandalam Investment and 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 Cholamandalam Investment and Finance dividends paid?
Cholamandalam Investment and Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Cholamandalam Investment and 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, Cholamandalam Investment and 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: Cholamandalam Investment and 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.
1. Record Date: Cholamandalam Investment and 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, Cholamandalam Investment and 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: Cholamandalam Investment and 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 Cholamandalam Investment and Finance pay dividends?
Cholamandalam Investment and Finance typically pays dividends on a semi 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 Cholamandalam Investment and Finance pay dividends?
The general pattern is that Cholamandalam Investment and Finance pays dividends around February, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cholamandalam Investment and Finance dividend safe?
The safety of Cholamandalam Investment and 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 Cholamandalam Investment and 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 Cholamandalam Investment and 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.
To assess the safety of Cholamandalam Investment and 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 Cholamandalam Investment and 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.