Shriram Finance (NSE:SHRIRAMFIN) Dividend Payout Ratio : 0.19 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Shriram Finance Dividend Payout Ratio?

Shriram Finance's dividend payout ratio for the months ended in Mar. 2024 was 0.19.

The historical rank and industry rank for Shriram Finance's Dividend Payout Ratio or its related term are showing as below:

NSE:SHRIRAMFIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.26
Current: 0.26

During the past 13 years, the highest Dividend Payout Ratio of Shriram Finance was 0.26. The lowest was 0.09. And the median was 0.11.

NSE:SHRIRAMFIN's Dividend Payout Ratio is ranked better than
61.08% of 185 companies
in the Credit Services industry
Industry Median: 0.32 vs NSE:SHRIRAMFIN: 0.26

As of today (2024-05-11), the Dividend Yield % of Shriram Finance is 2.13%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shriram Finance was 2.45%. The lowest was 0.31%. And the median was 0.94%.

Shriram Finance's Dividends per Share for the months ended in Mar. 2024 was ₹10.00.

During the past 12 months, Shriram Finance's average Dividends Per Share Growth Rate was 233.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 60.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shriram Finance was 60.90% per year. The lowest was 2.50% per year. And the median was 11.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Shriram Finance Dividend Payout Ratio Historical Data

The historical data trend for Shriram Finance's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shriram Finance Dividend Payout Ratio Chart

Shriram Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.11

0.10

0.25

0.09

0.26

Shriram Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.44	-	0.40	0.19

Competitive Comparison of Shriram Finance's Dividend Payout Ratio

For the Credit Services subindustry, Shriram Finance's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shriram Finance's Dividend Payout Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Shriram Finance's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shriram Finance's Dividend Payout Ratio falls into.

Shriram Finance Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Shriram Finance's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	50	/	195.69
	=	0.26

Shriram Finance's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	10	/	53.35
	=	0.19

Shriram Finance (NSE:SHRIRAMFIN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Shriram Finance Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Shriram Finance's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Shriram Finance (NSE:SHRIRAMFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (NSE:SHRIRAMFIN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

511218:India

Address

Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.shriramfinance.in

Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3 wheeler, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provides. Geographically, it derives maximum revenue from India.

Shriram Finance (NSE:SHRIRAMFIN) Headlines

No Headlines