CSL Finance Limited, a non-banking financial company, engages in the wholesale and SME retail lending businesses in India. It offers loans for real estate developers, such as loans against property and securities; loan for small builders, including construction finance, and refinance and inventory funding; corporate loans; and loans for education, medical, agriculture, and FMCG trading industries, as well as Salaried professionals. The company was formerly known as Consolidated Securities Limited and changed its name to CSL Finance Limited in January 2016. CSL Finance Limited was incorporated in 1992 and is based in Noida, India.
CSL Finance Dividend Announcement
• CSL Finance announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-13 • CSL Finance annual dividend for 2024 was ₹2.50 • CSL Finance annual dividend for 2023 was ₹2.50 • CSL Finance's trailing twelve-month (TTM) dividend yield is 0.73%
CSL Finance current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing CSL Finance stock? Use our calculator to estimate your expected dividend yield:
CSL Finance Financial Ratios
P/E ratio11.26
PEG ratio-0.89
P/B ratio1.63
ROE15.01%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
CSL Finance Dividend FAQ
How much is the next CSL Finance dividend?
CSL 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 CSL Finance dividend. The next CSL Finance dividend will be released in September.
When is CSL Finance dividend paid?
CSL Finance pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 CSL Finance pay?
The specific amount of CSL 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 CSL Finance's dividend history.
Does CSL Finance stock pay dividends?
Yes, CSL 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 CSL Finance's dividend history.
How much dividend does CSL Finance pay?
CSL Finance paid ₹2.5 in 2024, ₹2.5 in 2023, ₹2.5 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does CSL Finance pay dividends?
CSL 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 September.
What is CSL Finance's dividend yield?
The current dividend yield for CSL Finance is 0.73%. 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 CSL Finance's exact dividend yield.
When does CSL Finance go ex dividend?
CSL Finance's ex-dividend date for the latest dividend was on 2024-09-13. CSL 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 CSL Finance dividend paid?
CSL Finance pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will CSL 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 CSL 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 CSL Finance dividend per share?
CSL Finance paid ₹2.5 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that CSL 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 CSL 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 CSL 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 CSL Finance a dividend stock?
Yes, CSL Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CSL Finance a good dividend stock?
Whether CSL 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. CSL Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CSL 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 CSL Finance pay dividends monthly?
CSL Finance typically pays dividends on a annually basis.
Does CSL Finance pay dividends quarterly?
CSL Finance currently pays dividends on a annually basis.
Has CSL Finance ever paid a dividend?
Yes, CSL Finance has a history of paying dividends to its shareholders. CSL Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CSL Finance dividend stocks?
To buy CSL 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 CSL 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 CSL Finance pay dividends 2024?
CSL Finance pays dividends on a annually basis. 2024 dividend payments are in 2024-10-21. 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 CSL Finance increase its dividend in 2024?
Decisions regarding CSL 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 CSL Finance dividend overview you can look into the above table of dividend history.
How CSL Finance dividend works?
The CSL 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 CSL Finance's dividend process works:
1. Determination of Dividend: CSL 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, CSL 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, CSL 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 CSL 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 CSL Finance dividends paid?
CSL Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CSL 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, CSL 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: CSL 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 CSL Finance pay dividends?
CSL 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 CSL Finance pay dividends?
The general pattern is that CSL Finance pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CSL Finance dividend safe?
The safety of CSL 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 CSL 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 CSL 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.