Indus Finance Ltd. is a non-banking financial company, which engages in the business of lending. It operates through the following segments: Non-Banking Finance and Power Generation, and Others. The Others segment includes investment activities. The company was founded on March 11, 1992 and is headquartered in Mumbai, India.
Indus Finance Dividend Announcement
• Indus Finance announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2024-08-18. Ex dividend date: 2024-07-12
• Indus Finance annual dividend for 2024 was ₹0.30
• Indus Finance's trailing twelve-month (TTM) dividend yield is 0.5%
Indus Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-12 | ₹0.30 | annually | 2024-08-18 |
Indus Finance Dividend per year
Indus Finance Dividend Yield
Indus Finance current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Indus Finance stock? Use our calculator to estimate your expected dividend yield:
Indus Finance Financial Ratios
P/E ratio46.76
PEG ratio0.47
P/B ratio2.22
ROE6.79%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Indus Finance Dividend FAQ
Does Indus Finance stock pay dividends?
Indus Finance does not currently pay dividends to its shareholders.
Has Indus Finance ever paid a dividend?
No, Indus Finance has no a history of paying dividends to its shareholders. Indus Finance is not known for its dividend payments.
Why doesn't Indus Finance pay dividends?
There are several potential reasons why Indus Finance 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.
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 Indus Finance 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 Indus Finance 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 Indus Finance a dividend aristocrat?
Indus Finance 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 Indus Finance a dividend king?
Indus Finance 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 Indus Finance a dividend stock?
No, Indus Finance 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 Indus Finance stocks?
To buy Indus 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Indus 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 Indus 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.