Reliance Home Finance Limited engages in the housing finance business in India. The company offers a range of loans, such as home and affordable housing loans, loans against properties, and construction finance loans. It also provides property services. The company was incorporated in 2008 and is based in Mumbai, India. Reliance Home Finance Limited is owned by Reliance Capital Limited.
Reliance Home Finance Dividend Announcement
• Reliance Home Finance announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2018-09-30. Ex dividend date: 2018-09-12
• Reliance Home Finance's trailing twelve-month (TTM) dividend yield is -%
Reliance Home Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-09-12 | ₹1.00 | annually | 2018-09-30 |
Reliance Home Finance Dividend per year
Reliance Home Finance Dividend Yield
Reliance Home Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Reliance Home Finance stock? Use our calculator to estimate your expected dividend yield:
Reliance Home Finance Financial Ratios
P/E ratio-23.33
PEG ratio-0.12
P/B ratio-3.15
ROE14.53%
Payout ratio0.00%
Current ratio65.88
Quick ratio65.88
Cash Ratio28.89
Reliance Home Finance Dividend FAQ
Does Reliance Home Finance stock pay dividends?
Reliance Home Finance does not currently pay dividends to its shareholders.
Has Reliance Home Finance ever paid a dividend?
No, Reliance Home Finance has no a history of paying dividends to its shareholders. Reliance Home Finance is not known for its dividend payments.
Why doesn't Reliance Home Finance pay dividends?
There are several potential reasons why Reliance Home 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 Reliance Home 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 Reliance Home 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 Reliance Home Finance a dividend aristocrat?
Reliance Home 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 Reliance Home Finance a dividend king?
Reliance Home 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 Reliance Home Finance a dividend stock?
No, Reliance Home 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 Reliance Home Finance stocks?
To buy Reliance Home 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 Reliance Home 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 Reliance Home 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.