Shriram Transport Fi Dividend yield

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

Shriram Transport Fi stock dividend

Shriram Transport Fi paid a total dividend of 13,127 million INR last year, for a market value of 721,184 millions (Market Cap 538,896 millions). Shriram Transport Fi dividend per share is 35.10 INR, and his stock market price 1,928.30 INR.

According to the chart below, where dividend yield is displayed, Shriram Transport Fi has a dividend yield of 1.82%, 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 Shriram Transport Fi stocks dividend with other Financial Services companies or other of the high India dividend stocks list.

Shriram Transport Fi Dividend Payout

About the ability of Shriram Transport Fi to maintain his current dividend of INR 35.10 per share, an amount that accounts for 1.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shriram Transport Fi payout on ernings is currently 20.57%, 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 Shriram Transport Fican 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 Shriram Transport Fi is INR -332.47 per share, which is lower than the dividend per share paid by the company of INR 35.10, 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 Shriram Transport Fi, compared againt world market average, India companies, Financials industry and Financial Services sector companies.

Shriram Transport Fi Dividend History

Below you will find a table with the historical evolution of Shriram Transport Fi'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	1.82%	35.10	20.57%	374
2022	2.32%	31.94	43.84%	374
2021	1.64%	19.96	21.49%	269
2020	1.00%	10.47	12.21%	253
2019	1.02%	11.95	10.51%	227
2018	0.89%	11.04	16.11%	227
2017	0.74%	10.96	19.61%	227
2016	1.11%	10.04	19.20%	226
2015	1.14%	9.96	21.88%	226

*In millions

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

Shriram Transport Fi Stock performance

Finally, last moth Shriram Transport Fi 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 42.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Financial Services firms.