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Shriram Finance Limited, a non-banking finance company, primarily provides commercial vehicle financing services in India. It offers commercial vehicle loans for commercial goods vehicles, passenger vehicles, tractors and farm equipment, and construction equipment. The company also provides business loans; fixed and recurring deposits; and working capital loans, including tyre, tax, fuel, and toll finance, as well as vehicle insurance and repair/top-up loans. In addition, it offers challan discounting services; life and general insurance products; consumer finance services; emergency credit line guarantee schemes; stock broking services; and chit and mutual funds. As of March 31, 2022, it operated a network of 1,854 branches. The company also offers its products through 775 rural centers; and partnerships with 500 private financiers. It primarily serves first time buyers, driver-turned-owners, and small road transport operators. The company was formerly known as Shriram Transport Finance Company Limited and changed its name to Shriram Finance Limited in November 2022. Shriram Finance Limited was incorporated in 1979 and is headquartered in Mumbai, India.

Shriram Finance Dividend Announcement

Shriram Finance announced a quarterly dividend of ₹22.00 per ordinary share which will be made payable on 2024-11-19. Ex dividend date: 2024-11-07
Shriram Finance annual dividend for 2024 was ₹47.00
Shriram Finance annual dividend for 2023 was ₹55.00
Shriram Finance's trailing twelve-month (TTM) dividend yield is 1.51%
Shriram Finance's dividend growth over the last five years (2018-2023) was 38.69% year
Shriram Finance's dividend growth over the last ten years (2013-2023) was 23.21% year

Shriram Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-07₹22.00quarterly2024-11-19
2024-07-23₹15.00quarterly2024-08-28
2024-02-06₹10.00quarterly2024-02-17
2023-11-06₹20.00quarterly2023-11-25
2023-06-16₹20.00quarterly2023-07-22
2023-01-03₹15.00quarterly2023-01-13
2022-03-11₹12.00quarterly2022-04-04
2021-11-09₹8.00quarterly2021-11-28
2021-06-16₹6.00quarterly2021-07-24
2021-04-05₹6.00quarterly2021-04-16
2020-11-09₹6.00quarterly2020-11-26
2019-11-07₹4.87quarterly2019-11-19
2019-06-19₹6.82quarterly2019-07-27
2018-11-05₹4.87quarterly2018-11-16
2018-07-18₹5.85quarterly2018-08-25
2017-11-10₹4.87quarterly2017-12-01
2017-06-21₹5.85quarterly2017-07-29
2016-11-03₹3.90quarterly
2016-07-18₹5.85quarterly
2015-11-05₹3.90quarterly
2015-07-22₹5.85quarterly
2014-10-30₹3.90quarterly
2014-06-25₹3.90quarterly
2013-11-13₹2.92quarterly
2013-06-21₹3.90quarterly

Shriram Finance Dividend per year

Shriram Finance Dividend growth

Shriram Finance Dividend Yield

Shriram Finance current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing Shriram Finance stock? Use our calculator to estimate your expected dividend yield:

Shriram Finance Financial Ratios

P/E ratio14.53
PEG ratio0.39
P/B ratio2.23
ROE16.27%
Payout ratio0.00%
Current ratio21.43
Quick ratio21.43
Cash Ratio21.43

Shriram Finance Dividend FAQ

How much is the next Shriram Finance dividend?
Shriram 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 Shriram Finance dividend. The next Shriram Finance dividend will be released in January, June, or November.
When is Shriram Finance dividend paid?
Shriram Finance pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, June, 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 Shriram Finance pay?
The specific amount of Shriram 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 Shriram Finance's dividend history.
Does Shriram Finance stock pay dividends?
Yes, Shriram 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 Shriram Finance's dividend history.
How much dividend does Shriram Finance pay?
Shriram Finance paid ₹47.0 in 2024, ₹55.0 in 2023, ₹12.0 in 2022, ₹20.0 in 2021, and ₹6.0 in 2020.
How often does Shriram Finance pay dividends?
Shriram Finance typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, June, and November.
What is Shriram Finance's dividend yield?
The current dividend yield for Shriram Finance is 1.51%. 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 Shriram Finance's exact dividend yield.
When does Shriram Finance go ex dividend?
Shriram Finance's ex-dividend date for the latest dividend was on 2024-11-07. Shriram 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 Shriram Finance dividend paid?
Shriram Finance pays dividends on a quarterly basis, typically around January, June, or November, but the exact dates can vary each year.
Will Shriram 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 Shriram 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 Shriram Finance dividend per share?
Shriram Finance paid ₹47.0 per share in 2024 and ₹55.0 per share in 2023. The amount of dividend per share that Shriram 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 Shriram 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 Shriram 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 Shriram Finance a dividend stock?
Yes, Shriram Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shriram Finance a good dividend stock?
Whether Shriram 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. Shriram Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shriram 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 Shriram Finance pay dividends monthly?
Shriram Finance typically pays dividends on a quarterly basis.
Does Shriram Finance pay dividends quarterly?
Shriram Finance currently pays dividends on a quarterly basis.
Has Shriram Finance ever paid a dividend?
Yes, Shriram Finance has a history of paying dividends to its shareholders. Shriram Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shriram Finance dividend stocks?
To buy Shriram 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 Shriram 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 Shriram Finance pay dividends 2024?
Shriram Finance pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-19. 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 Shriram Finance increase its dividend in 2024?
Decisions regarding Shriram 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 Shriram Finance dividend overview you can look into the above table of dividend history.
How Shriram Finance dividend works?
The Shriram 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 Shriram Finance's dividend process works:

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

1. Record Date: Shriram 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, Shriram 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: Shriram 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 Shriram Finance pay dividends?
Shriram Finance typically pays dividends on a quarterly 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 Shriram Finance pay dividends?
The general pattern is that Shriram Finance pays dividends around January, June, 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 Shriram Finance dividend safe?
The safety of Shriram 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 Shriram 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 Shriram 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.