Indian Railway Finance Corporation Limited operates as a financing company in India. The company engages in borrowing funds from the financial markets to finance the acquisition/creation of assets that are leased out to the Indian Railways as finance lease. It also operates as a non-deposit taking non-banking financial and infrastructure finance company. The company was incorporated in 1986 and is based in New Delhi, India.
Indian Railway Finance Dividend Announcement
• Indian Railway Finance announced a semi annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-12 • Indian Railway Finance annual dividend for 2024 was ₹1.50 • Indian Railway Finance annual dividend for 2023 was ₹1.50 • Indian Railway Finance's trailing twelve-month (TTM) dividend yield is 1.03% • Indian Railway Finance's payout ratio for the trailing twelve months (TTM) is 46.97%
Indian Railway Finance current trailing twelve-month (TTM) dividend yield is 1.03%. Interested in purchasing Indian Railway Finance stock? Use our calculator to estimate your expected dividend yield:
Indian Railway Finance Financial Ratios
P/E ratio31.34
PEG ratio2.92
P/B ratio3.73
ROE12.26%
Payout ratio46.97%
Current ratio26760.86
Quick ratio26760.86
Cash Ratio1239.15
Indian Railway Finance Dividend FAQ
How much is the next Indian Railway Finance dividend?
Indian Railway 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 Indian Railway Finance dividend. The next Indian Railway Finance dividend will be released in September, or November.
When is Indian Railway Finance dividend paid?
Indian Railway Finance pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September, and November. 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 Indian Railway Finance pay?
The specific amount of Indian Railway 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 Indian Railway Finance's dividend history.
Does Indian Railway Finance stock pay dividends?
Yes, Indian Railway 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 Indian Railway Finance's dividend history.
How much dividend does Indian Railway Finance pay?
Indian Railway Finance paid ₹1.5 in 2024, ₹1.5 in 2023, ₹1.43 in 2022, ₹1.82 in 2021, and ₹0.0 in 2020.
How often does Indian Railway Finance pay dividends?
Indian Railway 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 September, and November.
What is Indian Railway Finance's dividend yield?
The current dividend yield for Indian Railway Finance is 1.03%. 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 Indian Railway Finance's exact dividend yield.
When does Indian Railway Finance go ex dividend?
Indian Railway Finance's ex-dividend date for the latest dividend was on 2024-11-12. Indian Railway 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 Indian Railway Finance dividend paid?
Indian Railway Finance pays dividends on a semi annually basis, typically around September, or November, but the exact dates can vary each year.
Will Indian Railway 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 Indian Railway 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 Indian Railway Finance dividend per share?
Indian Railway Finance paid ₹1.5 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Indian Railway 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 Indian Railway 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 Indian Railway 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 Indian Railway Finance a dividend stock?
Yes, Indian Railway Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Indian Railway Finance a good dividend stock?
Whether Indian Railway 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. Indian Railway Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Indian Railway 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 Indian Railway Finance pay dividends monthly?
Indian Railway Finance typically pays dividends on a semi annually basis.
Does Indian Railway Finance pay dividends quarterly?
Indian Railway Finance currently pays dividends on a semi annually basis.
Has Indian Railway Finance ever paid a dividend?
Yes, Indian Railway Finance has a history of paying dividends to its shareholders. Indian Railway Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Indian Railway Finance dividend stocks?
To buy Indian Railway 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 Indian Railway 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 Indian Railway Finance pay dividends 2024?
Indian Railway Finance pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-04. 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 Indian Railway Finance increase its dividend in 2024?
Decisions regarding Indian Railway 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 Indian Railway Finance dividend overview you can look into the above table of dividend history.
How Indian Railway Finance dividend works?
The Indian Railway 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 Indian Railway Finance's dividend process works:
1. Determination of Dividend: Indian Railway 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, Indian Railway 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, Indian Railway 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 Indian Railway 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 Indian Railway Finance dividends paid?
Indian Railway Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Indian Railway 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, Indian Railway 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: Indian Railway 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 Indian Railway Finance pay dividends?
Indian Railway 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 Indian Railway Finance pay dividends?
The general pattern is that Indian Railway Finance pays dividends around September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Indian Railway Finance dividend safe?
The safety of Indian Railway 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 Indian Railway 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 Indian Railway 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.