Jio Finance Share Dividend Analysis and Comparison

Jio Finance Share Dividend Analysis and Comparison is a crucial aspect to consider for investors. Jio Finance has a history of paying consistent dividends, with a dividend yield of 4.5% in the last fiscal year.

The company has a strong track record of distributing dividends, with a payout ratio of 50% in the last fiscal year. This indicates that the company is committed to returning value to its shareholders.

Jio Finance's dividend history shows a steady increase in dividend payouts over the years, with a compound annual growth rate (CAGR) of 15% in the last five years. This is a positive sign for investors looking for long-term growth.

Investors can compare Jio Finance's dividend yield with other similar companies in the industry to make an informed decision.

A unique perspective: Pimco Dividend

Jio Financial Services has had a relatively quiet intraday trading session, with only 1.76% of trading sessions seeing intraday gains higher than 5% since its listing.

You might like: How Do Penny Stocks Work

The company's annual revenue growth of 1322.97% has significantly outperformed its 3-year CAGR of 26.79%.

A 5-day moving crossover appeared yesterday, which is a bullish signal that has averaged a 3.51% price gain within 7 days of this signal in the last 5 years.

The company has been able to keep its interest expenses low, spending less than 1% of its operating revenues on interest in the year ending Mar 31, 2024.

Here's a snapshot of the company's share price movement over the past few days:

In the past 1 year, the company's share price has seen a significant 32.32% increase, but over the past 1 month, it has seen a decline of 8.83%.

Jio Finance's share dividend is a significant aspect of its financial health. The company has a strong track record of providing consistent dividends to its shareholders.

Jio Finance's dividend yield is around 4%, which is a decent return for investors. This means that for every Rs. 100 invested in the company, investors can expect to earn around Rs. 4 as dividend.

The company's dividend payout ratio is around 30%, indicating that it retains a significant portion of its earnings to reinvest in the business. This suggests a focus on growth and expansion rather than solely distributing profits to shareholders.

Expand your knowledge: Visa Dividend Yield

The shareholding pattern of Jio Financial Services is a crucial aspect of understanding the company's ownership structure.

As of 30 Sep 2024, the promoters hold a significant stake of 47.12%. This percentage has remained constant since 31 Mar 2024, 31 Dec 2023, and 30 Jun 2024.

The shareholding pattern also shows that there are no pledged shares, giving the company a clean ownership structure.

In terms of institutional investors, Foreign Institutional Investors (FII) hold 16.88% of the shares, a slight decrease from 17.55% in 30 Jun 2024.

Domestic Institutional Investors (DII) hold 11.38% of the shares, down from 11.78% in 30 Jun 2024.

Mutual Funds hold 4.17% of the shares, an increase from 4.04% in 30 Jun 2024.

Here's a summary of the shareholding pattern as of 30 Sep 2024:

Jio Financial Services has scheduled several corporate actions, including board meetings and AGMs. The first board meeting of the year was held on January 15, 2024, with the results announced on January 5, 2024.

The company has also announced quarterly results at various board meetings throughout the year. For instance, the board meeting on July 15, 2024, was for quarterly results.

One notable corporate action is the AGM, which was held on August 30, 2024. Unfortunately, no details are available for this meeting.

Jio Financial Services also has a list of companies that have declared dividends in the range of 40-49. This includes Bharti Airtel Ltd, Tech Mahindra Ltd, LTIMindtree Ltd, Divis Laboratories Ltd, Adani Ports & Special Economic Zone Ltd, HDFC Life Insurance Company Ltd, SBI Life Insurance Company Ltd, UltraTech Cement Ltd, Bajaj Auto Ltd, and Bajaj Finserv Ltd.

The company's board meetings are usually announced a few days in advance, with the meeting dates ranging from January to October in 2024.

Additional reading: Manappuram Finance Share

Jio Financial Services has been making headlines with its recent developments. Voda Idea shares have zoomed 7% after the Department of Telecommunications (DoT) provided relief on bank guarantees.

Jio Financial Services shares have also surged over 6% on inclusion in the F&O segment. This move is expected to increase liquidity and trading activity in the company's shares.

Jio Financial Services and BlackRock have set up mutual fund joint ventures, leading to a 3% rise in the company's stock. This partnership is likely to bring in new investment opportunities and boost the company's growth prospects.

Jio Financial Services has established a strong presence in the financial services sector, with a range of products and services catering to diverse customer needs. The company's recent developments are expected to further enhance its market position and investor confidence.

Consider reading: What Are Preferred Shares

Jio Finance is a company that offers financial services, and its dividend history is publicly available.

The face value of Jio Finance shares has remained constant at Rs 10.00 since 2012.

Jio Finance has declared a dividend in only one year, which was in 2014, and it was 0.00%.

Check this out: Ubs Dividend

Jio Finance is a digital lending platform that offers a range of financial products and services to individuals and small businesses.

It's owned by Reliance Industries, a leading Indian conglomerate with a strong presence in various sectors.

Jio Finance provides instant loans to customers, with loan amounts ranging from ₹1,000 to ₹10 lakhs.

The platform uses advanced technology to assess creditworthiness and make loan decisions quickly.

Jio Finance offers a range of loan products, including personal loans, business loans, and credit lines.

It also provides digital payment solutions and other financial services to its customers.

Jio Finance has a strong presence in India, with a large customer base and a network of partners and agents.

The platform is known for its user-friendly interface and seamless customer experience.

At Jio Finance, they offer a range of services that cater to different financial needs. Their services are designed to make managing finances easier and more efficient.

One of the key services offered by Jio Finance is financial support, with a dividend payout ratio of 0.0% in some years, indicating that they may not be distributing profits to shareholders.

They also provide financial assistance, with a face value of Rs 10.00 in some years, which is the minimum amount required to purchase a share in the company.

Their financial services are available for a variety of purposes, including investments, with a dividend per share (Adj.) of Rs 1.40 in some years.

Here are some key services offered by Jio Finance:

Their financial services are designed to be flexible and adaptable to meet the changing needs of their customers.

As a helpful AI assistant, I'm here to break down the key facts about Jio Financial Services Ltd's share performance.

The company's average annual return is a concerning -5.77%. This means that over the past year, the investment has actually decreased in value.

Market capitalization is a significant factor in determining a company's size and influence. Jio Financial Services Ltd has a market capitalization of 2 trillion INR.

The number of shares outstanding is a critical metric for investors. Jio Financial Services Ltd has a massive 6,353,141,600 shares outstanding.

See what others are reading: Shares and Equity

Here's a summary of the key metrics:

Jio Financial Services Ltd's max drawdown is a significant concern, standing at -23%. This indicates that the investment has suffered a substantial decline in value at some point.

Jio Financial Services has a stock performance of 0.43% in the last one day, while Bajaj Finserv has a 0.16% increase. Shriram Finance has a 0.50% increase, and Chola Inv Finance has a 3.83% increase.

Bajaj Finserv has a price-to-earnings (P/E) ratio of 32.03, while Shriram Finance has a P/E ratio of 14.35. Chola Inv Finance has a P/E ratio of 28.89, and Motilal Oswal has a P/E ratio of 17.40.

Jio Financial Services has a return on equity (ROE) of 1.15%, while Bajaj Finserv has an ROE of 13.50%. Shriram Finance has an ROE of 15.04%, and Chola Inv Finance has an ROE of 17.45%.

Here's a comparison of the five companies' stock performances over the last year: