company-logo

Home First Finance Company India Limited operates as a housing finance company in India. The company offers housing loans for the purchase or construction of homes, loans against property, loans for extension and renovation of home, and loans for purchase of commercial property. It serves salaried and self-employed customers. The company was incorporated in 2010 and is headquartered in Mumbai, India.

Home First Finance India Dividend Announcement

Home First Finance India announced a annually dividend of ₹3.40 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-07
Home First Finance India annual dividend for 2024 was ₹3.40
Home First Finance India annual dividend for 2023 was ₹2.60
Home First Finance India's trailing twelve-month (TTM) dividend yield is 0.27%

Home First Finance India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07₹3.40annually2024-07-19
2023-05-19₹2.60annually2023-07-08

Home First Finance India Dividend per year

Home First Finance India Dividend Yield

Home First Finance India current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Home First Finance India stock? Use our calculator to estimate your expected dividend yield:

Home First Finance India Financial Ratios

P/E ratio33.89
PEG ratio0.95
P/B ratio5.18
ROE15.95%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Home First Finance India Dividend FAQ

Does Home First Finance India stock pay dividends?
Home First Finance India does not currently pay dividends to its shareholders.
Has Home First Finance India ever paid a dividend?
No, Home First Finance India has no a history of paying dividends to its shareholders. Home First Finance India is not known for its dividend payments.
Why doesn't Home First Finance India pay dividends?
There are several potential reasons why Home First Finance India would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Home First Finance India ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Home First Finance India has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Home First Finance India a dividend aristocrat?
Home First Finance India is not considered a Dividend Aristocrat. 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 Home First Finance India a dividend king?
Home First Finance India is not classified as a "Dividend King". 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 Home First Finance India a dividend stock?
No, Home First Finance India is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Home First Finance India stocks?
To buy Home First Finance India 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Home First Finance India 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.