Bajaj Auto (BAJAJ-AUTO.NS) Dividends
Market Cap: $2.27T
Avg Volume: 426.92K
Industry: Auto - Manufacturers
Sector: Consumer Cyclical
Dividend Overview
Bajaj Auto (BAJAJ-AUTO.NS) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $80
- Ex-Dividend Date: June 14, 2024
- Total Dividends Paid (Last Year): $39.60B
Dividend Metrics
- Dividend Yield: 1.55%
- Payout Ratio: 51.38%
- Dividend Growth (YoY): 2.14%
Dividend Yield
1.55%
Dividend Payout Ratio
51.38%
Dividend Paid & Capex Coverage Ratio
1.41x
Bajaj Auto pays an annual dividend of $80 per share. This means that for each share you own, you'll receive $80 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was June 14, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Bajaj Auto paid a total of $39.60B in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Bajaj Auto's dividend yield stands at 1.55%. To put this in perspective, if you invest $100 in Bajaj Auto's stock at the current price, you can expect to receive approximately $1.55 in annual dividend income.
The company's dividend payout ratio is 51.38%. This means that Bajaj Auto is distributing 51.38% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Bajaj Auto's dividend has grown by 2.14%. This growth may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Bajaj Auto (BAJAJ-AUTO.NS) dividend payments have grown 2.14% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Bajaj Auto Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $80 | $80 | June 14, 2024 | June 14, 2024 | August 15, 2024 | |
| $140 | $140 | June 30, 2023 | June 30, 2023 | August 24, 2023 | |
| $140 | $140 | June 30, 2022 | July 01, 2022 | July 30, 2022 | |
| $140 | $140 | July 08, 2021 | July 09, 2021 | July 27, 2021 | |
| $120 | $120 | March 03, 2020 | March 04, 2020 | March 09, 2020 | |
| $60 | $60 | July 11, 2019 | July 12, 2019 | July 31, 2019 | |
| $60 | $60 | July 05, 2018 | July 06, 2018 | July 25, 2018 | |
| $55 | $55 | July 06, 2017 | July 07, 2017 | July 25, 2017 | |
| $5 | $5 | July 14, 2016 | |||
| $50 | $50 | March 16, 2016 | |||
| $50 | $50 | July 09, 2015 | |||
| $50 | $50 | July 03, 2014 | |||
| $45 | $45 | July 04, 2013 | |||
| $45 | $45 | July 05, 2012 | |||
| $40 | $40 | June 29, 2011 | |||
| $40 | $20 | July 08, 2010 | |||
| $22 | $11 | July 02, 2009 | |||
| $20 | $10 | June 27, 2008 |