Bajaj Finance Dividend yield

Bajaj Finance is part of Financial Services business, which is part of Financials industry. Bajaj Finance is a company from India, and his stocks are publicly traded.

Bajaj Finance stock dividend

Bajaj Finance paid a total dividend of 18,168 million INR last year, for a market value of 4,326,452 millions (Market Cap 1,752,819 millions). Bajaj Finance dividend per share is 30.08 INR, and his stock market price 7,163.00 INR.

According to the chart below, where dividend yield is displayed, Bajaj Finance has a dividend yield of 0.42%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Bajaj Finance stocks dividend with other Financial Services companies or other of the highest India dividend stocks list.

Bajaj Finance Dividend Payout

About the ability of Bajaj Finance to maintain his current dividend of INR 30.08 per share, an amount that accounts for 0.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bajaj Finance payout on ernings is currently 15.62%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Bajaj Financecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bajaj Finance is INR -688.75 per share, which is lower than the dividend per share paid by the company of INR 30.08, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bajaj Finance, compared againt world market average, India companies, Financials industry and Financial Services sector companies.

Bajaj Finance Dividend History

Below you will find a table with the historical evolution of Bajaj Finance's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	0.42%	30.08	15.62%	604
2022	0.30%	19.73	16.77%	606
2021	0.14%	9.77	13.09%	603
2020	0.19%	10.06	11.34%	600
2019	0.14%	5.93	8.81%	600
2018	0.15%	3.97	8.50%	578
2017	0.20%	3.51	10.93%	577
2016	0.27%	2.48	10.30%	536
2015	0.33%	18.20	10.76%	54

*In millions

Then you can see the evolution of Bajaj Finance dividend stock, and compare it with the average of India stocks and that of the Financial Services stocks.

Bajaj Finance Stock performance

Finally, last moth Bajaj Finance showed a return of -1.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -2.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Financial Services firms.