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IIFL Finance Limited provides various financial products and services in India and internationally. It offers home, personal, and gold loans; business loans, including loans against property, medium and small enterprise financing, micro finance, developer and construction finance, real estate finance, and capital market finance; and digital finance. The company also provides wealth and asset management services; and demat account, futures and options, and commodity trading services. It serves retail and corporate customers. The company was formerly known as IIFL Holdings Limited and changed its name to IIFL Finance Limited in May 2019. IIFL Finance Limited was incorporated in 1995 and is based in Mumbai, India.

IIFL Finance Dividend Announcement

IIFL Finance announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-02-15. Ex dividend date: 2024-01-25
IIFL Finance annual dividend for 2024 was ₹4.00
IIFL Finance annual dividend for 2023 was ₹4.00
IIFL Finance's trailing twelve-month (TTM) dividend yield is 0.92%
IIFL Finance's dividend growth over the last five years (2018-2023) was -4.36% year

IIFL Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-01-25₹4.00annually2024-02-15
2023-02-07₹4.00annually2023-02-28
2022-02-03₹3.50annually2022-02-23
2021-02-04₹3.00annually2021-02-20
2020-03-19₹2.25annually2021-03-24
2019-02-06₹5.00annually2019-03-01
2018-02-07₹5.00annually2018-02-09
2017-02-02₹4.50annually2017-02-24
2016-02-05₹1.29annually2016-02-28
2014-09-23₹3.00annually2014-09-29
2014-02-03₹3.00annually2014-02-08
2013-02-04₹3.00annually2013-02-08
2012-05-18₹1.50annually2012-05-23

IIFL Finance Dividend per year

IIFL Finance Dividend growth

IIFL Finance Dividend Yield

IIFL Finance current trailing twelve-month (TTM) dividend yield is 0.92%. Interested in purchasing IIFL Finance stock? Use our calculator to estimate your expected dividend yield:

IIFL Finance Financial Ratios

P/E ratio17.92
PEG ratio-2.97
P/B ratio1.47
ROE8.79%
Payout ratio0.00%
Current ratio-43.28
Quick ratio-43.28
Cash Ratio-43.28

IIFL Finance Dividend FAQ

How much is the next IIFL Finance dividend?
IIFL 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 IIFL Finance dividend. The next IIFL Finance dividend will be released in February.
When is IIFL Finance dividend paid?
IIFL Finance pays dividends on a annually basis. The specific dates may vary each year but are generally around February. 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 IIFL Finance pay?
The specific amount of IIFL 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 IIFL Finance's dividend history.
Does IIFL Finance stock pay dividends?
Yes, IIFL 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 IIFL Finance's dividend history.
How much dividend does IIFL Finance pay?
IIFL Finance paid ₹3.998 in 2024, ₹4.0 in 2023, ₹3.5 in 2022, ₹3.0 in 2021, and ₹2.25 in 2020.
How often does IIFL Finance pay dividends?
IIFL 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 February.
What is IIFL Finance's dividend yield?
The current dividend yield for IIFL Finance is 0.92%. 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 IIFL Finance's exact dividend yield.
When does IIFL Finance go ex dividend?
IIFL Finance's ex-dividend date for the latest dividend was on 2024-01-25. IIFL 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 IIFL Finance dividend paid?
IIFL Finance pays dividends on a annually basis, typically around February, but the exact dates can vary each year.
Will IIFL 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 IIFL 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 IIFL Finance dividend per share?
IIFL Finance paid ₹3.998 per share in 2024 and ₹4.0 per share in 2023. The amount of dividend per share that IIFL 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 IIFL 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 IIFL 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 IIFL Finance a dividend stock?
Yes, IIFL Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is IIFL Finance a good dividend stock?
Whether IIFL 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. IIFL Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating IIFL 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 IIFL Finance pay dividends monthly?
IIFL Finance typically pays dividends on a annually basis.
Does IIFL Finance pay dividends quarterly?
IIFL Finance currently pays dividends on a annually basis.
Has IIFL Finance ever paid a dividend?
Yes, IIFL Finance has a history of paying dividends to its shareholders. IIFL Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy IIFL Finance dividend stocks?
To buy IIFL 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 IIFL 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 IIFL Finance pay dividends 2024?
IIFL Finance pays dividends on a annually basis. 2024 dividend payments are in 2024-02-15. 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 IIFL Finance increase its dividend in 2024?
Decisions regarding IIFL 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 IIFL Finance dividend overview you can look into the above table of dividend history.
How IIFL Finance dividend works?
The IIFL 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 IIFL Finance's dividend process works:

1. Determination of Dividend: IIFL 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, IIFL 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, IIFL 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 IIFL 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 IIFL Finance dividends paid?
IIFL Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: IIFL 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, IIFL 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: IIFL 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 IIFL Finance pay dividends?
IIFL 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 IIFL Finance pay dividends?
The general pattern is that IIFL Finance pays dividends around February. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is IIFL Finance dividend safe?
The safety of IIFL 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 IIFL 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 IIFL 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.