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Magma Fincorp Payout ratio

What is the Payout ratio of Magma Fincorp?

The Payout ratio of Magma Fincorp Limited is 0.00%

What is the definition of Payout ratio?



Payout ratio is the fraction of earnings paid in dividends to stockholders.

ttm (trailing twelve months)

The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.

Payout ratio of companies in the Finance sector on NSE compared to Magma Fincorp

What does Magma Fincorp do?

Magma Fincorp Limited, a non-banking financial company, provides asset finance services in India. The company offers loans for cars, SMEs, construction equipment, commercial vehicles, tractors, and used vehicles. It also provides housing finance; and auto leasing services. The company operates a network of 314 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Mumbai, India.

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