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Bajaj Electricals (BOM:500031) Dividend Yield % : 0.43% (As of Jun. 01, 2024)


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What is Bajaj Electricals Dividend Yield %?

As of today (2024-06-01), the Trailing Annual Dividend Yield of Bajaj Electricals is 0.43%.

Good Sign:

Bajaj Electricals Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Bajaj Electricals's Dividend Yield % or its related term are showing as below:

BOM:500031' s Dividend Yield % Range Over the Past 10 Years
Min: 0.25   Med: 0.75   Max: 2.3
Current: 0.43

During the past 13 years, the highest Dividend Yield of Bajaj Electricals was 2.30%. The lowest was 0.25%. And the median was 0.75%.

BOM:500031's Dividend Yield % is ranked worse than
92.8% of 250 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.58 vs BOM:500031: 0.43

Bajaj Electricals's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Bajaj Electricals was 0.36. The lowest was 0.16. And the median was 0.23.

As of today (2024-06-01), the Forward Dividend Yield % of Bajaj Electricals is 0.33%.

Bajaj Electricals's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Bajaj Electricals's average Dividends Per Share Growth Rate was 33.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bajaj Electricals was 74.70% per year. The lowest was -18.80% per year. And the median was 12.25% per year.

The growth rate is calculated with least square regression.

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


Bajaj Electricals Dividend Yield % Historical Data

The historical data trend for Bajaj Electricals's Dividend Yield % 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.

Bajaj Electricals Dividend Yield % Chart

Bajaj Electricals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 - - 0.29 0.44

Bajaj Electricals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.24 0.36 0.40 0.44

Competitive Comparison of Bajaj Electricals's Dividend Yield %

For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Bajaj Electricals's Dividend Yield % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bajaj Electricals's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Bajaj Electricals's Dividend Yield % falls into.



Bajaj Electricals Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Bajaj Electricals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 4.0000002023-07-282023-07-292023-08-11Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Bajaj Electricals's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4/922.55
=0.43 %

Current Share Price is ₹922.55.
Bajaj Electricals's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹4.

Bajaj Electricals's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/922.55
=0.43 %

Current Share Price is ₹922.55.
Bajaj Electricals's Dividends per Share for the forward twelve months is calculated as ₹4 * 1 = ₹4.

* 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.


Bajaj Electricals  (BOM:500031) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Bajaj Electricals Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Bajaj Electricals's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bajaj Electricals (BOM:500031) Business Description

Traded in Other Exchanges
Address
Bhanu Shankar Yagnik Marg, Off Eastern Express Highway, 001, 502, 701 and 801, Rustomjee Aspiree, Sion East, Mumbai, MH, IND, 400 022
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products; Lighting and EPC. The Engineering and Projects segment includes Transmission Line Towers, Power Distribution and Illumination. The Consumer Products segment, which is the key revenue driver, includes Appliances, Fans and Consumer Lighting Products. The Lighting segment includes Professional Lighting (B2B) and Consumer Lighting (B2C)The group has a business presence in India and Outside India.

Bajaj Electricals (BOM:500031) Headlines

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