India Fund Inc (The) Stock Dividends
India Fund Inc (The) Stock Dividends Overview
IFN pays dividends quarterly. Last paid amount was $0.430 at Mar 28, 2024. As of today, dividend yield (TTM) is 9.16%.
Dividend Yield Range
AI Analysis of IFN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 9.16% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 9.76% |
| Payout Ratio | 0 |
| Amount Per Share | $0.450 |
| Next Ex-Dividend Date | May 30, 2024 |
| Next Payment Date | Jul 05, 2024 |
IFN Dividend Payout History
To ensure a understanding of IFN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 30, 2024 | May 30, 2024 | Jul 05, 2024 | $0.450 | 2.51% |
| 2 | Feb 21, 2024 | Feb 21, 2024 | Mar 28, 2024 | $0.430 | 2.10% |
| 3 | Nov 09, 2023 | Nov 21, 2023 | Jan 10, 2024 | $0.410 | 2.19% |
| 4 | Aug 09, 2023 | Aug 23, 2023 | Sep 29, 2023 | $0.410 | 2.35% |
| 5 | May 09, 2023 | May 18, 2023 | Jun 30, 2023 | $0.390 | 2.35% |
| 6 | Feb 09, 2023 | Feb 17, 2023 | Jan 10, 2019 | $0.430 | 2.03% |
| 7 | Nov 09, 2022 | Nov 21, 2022 | Jan 11, 2023 | $1.61 | 10.32% |
| 8 | Aug 11, 2022 | Aug 23, 2022 | Sep 30, 2022 | $0.460 | 2.86% |
| 9 | May 12, 2022 | May 19, 2022 | Jun 30, 2022 | $0.530 | 3.25% |
| 10 | Mar 11, 2022 | Mar 23, 2022 | Mar 31, 2022 | $0.580 | 3.00% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
IFN Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from IFN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IFN stock here.
Comparing IFN to Sector and Country
IFN pays a solid dividend yield of 9.16%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). IFN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.86%), which means that there are more attractive dividend stocks to consider.
IFN Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| India Fund Inc (The) | 501.17M | $0.450 | 9.16% | - | |
| Duff & Phelps Global Utility Income Fund Inc | 366.544M | $0.210 | 9.10% | -122.98% |
