company-logo

Poonawalla Fincorp Limited, a non-banking financial company, provides asset finance services in India. It offers loans for CA, CS, doctors, salaried and government employees, home renovation, wedding, travel, and medical emergency; business loans for working capital, MSME, proprietorship, and women; cars, medical equipment, and home loans; loan against property; and auto leasing services. The company also provides insurance products. It operates a network of 242 branches. The company was formerly known as Magma Fincorp Limited and changed its name to Poonawalla Fincorp Limited in July 2021. Poonawalla Fincorp Limited was incorporated in 1978 and is based in Pune, India. Poonawalla Fincorp Limited is a subsidiary of Rising Sun Holdings Pvt Ltd.

Poonawalla Fincorp Dividend Announcement

Poonawalla Fincorp announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-02-17. Ex dividend date: 2024-01-31
Poonawalla Fincorp annual dividend for 2024 was ₹2.00
Poonawalla Fincorp annual dividend for 2023 was ₹2.00
Poonawalla Fincorp's trailing twelve-month (TTM) dividend yield is 0.53%

Poonawalla Fincorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-01-31₹2.00annually2024-02-17
2023-07-18₹2.00annually2023-08-24
2022-07-21₹0.40annually2022-08-28
2019-07-24₹0.80annually2019-08-30
2018-07-25₹0.80annually2018-08-30
2017-07-25₹0.80annually2017-09-01
2016-07-27₹0.80annually
2015-07-23₹0.80annually
2014-07-23₹0.80annually
2013-07-10₹0.80annually
2012-07-04₹0.60annually
2011-06-13₹0.60annually

Poonawalla Fincorp Dividend per year

Poonawalla Fincorp Dividend growth

Poonawalla Fincorp Dividend Yield

Poonawalla Fincorp current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Poonawalla Fincorp stock? Use our calculator to estimate your expected dividend yield:

Poonawalla Fincorp Financial Ratios

P/E ratio69.57
PEG ratio0.24
P/B ratio3.60
ROE5.18%
Payout ratio0.00%
Current ratio7232.85
Quick ratio7237.14
Cash Ratio35.02

Poonawalla Fincorp Dividend FAQ

How much is the next Poonawalla Fincorp dividend?
Poonawalla Fincorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Poonawalla Fincorp dividend. The next Poonawalla Fincorp dividend will be released in July.
When is Poonawalla Fincorp dividend paid?
Poonawalla Fincorp pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Poonawalla Fincorp pay?
The specific amount of Poonawalla Fincorp 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 Poonawalla Fincorp's dividend history.
Does Poonawalla Fincorp stock pay dividends?
Yes, Poonawalla Fincorp 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 Poonawalla Fincorp's dividend history.
How much dividend does Poonawalla Fincorp pay?
Poonawalla Fincorp paid ₹2.0 in 2024, ₹2.0 in 2023, ₹0.4 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Poonawalla Fincorp pay dividends?
Poonawalla Fincorp 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 July.
What is Poonawalla Fincorp's dividend yield?
The current dividend yield for Poonawalla Fincorp is 0.53%. 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 Poonawalla Fincorp's exact dividend yield.
When does Poonawalla Fincorp go ex dividend?
Poonawalla Fincorp's ex-dividend date for the latest dividend was on 2024-01-31. Poonawalla Fincorp 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 Poonawalla Fincorp dividend paid?
Poonawalla Fincorp pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Poonawalla Fincorp 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 Poonawalla Fincorp 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 Poonawalla Fincorp dividend per share?
Poonawalla Fincorp paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Poonawalla Fincorp 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 Poonawalla Fincorp 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 Poonawalla Fincorp 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 Poonawalla Fincorp a dividend stock?
Yes, Poonawalla Fincorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Poonawalla Fincorp a good dividend stock?
Whether Poonawalla Fincorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Poonawalla Fincorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Poonawalla Fincorp 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 Poonawalla Fincorp pay dividends monthly?
Poonawalla Fincorp typically pays dividends on a annually basis.
Does Poonawalla Fincorp pay dividends quarterly?
Poonawalla Fincorp currently pays dividends on a annually basis.
Has Poonawalla Fincorp ever paid a dividend?
Yes, Poonawalla Fincorp has a history of paying dividends to its shareholders. Poonawalla Fincorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Poonawalla Fincorp dividend stocks?
To buy Poonawalla Fincorp 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 Poonawalla Fincorp 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 Poonawalla Fincorp pay dividends 2024?
Poonawalla Fincorp pays dividends on a annually basis. 2024 dividend payments are in 2024-02-17. 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 Poonawalla Fincorp increase its dividend in 2024?
Decisions regarding Poonawalla Fincorp 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 Poonawalla Fincorp dividend overview you can look into the above table of dividend history.
How Poonawalla Fincorp dividend works?
The Poonawalla Fincorp 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 Poonawalla Fincorp's dividend process works:

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

1. Record Date: Poonawalla Fincorp 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, Poonawalla Fincorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Poonawalla Fincorp 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 Poonawalla Fincorp pay dividends?
Poonawalla Fincorp 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 Poonawalla Fincorp pay dividends?
The general pattern is that Poonawalla Fincorp pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Poonawalla Fincorp dividend safe?
The safety of Poonawalla Fincorp'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 Poonawalla Fincorp'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 Poonawalla Fincorp'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.