Bajaj Auto Modifies Dividend Payout, Linking It To Cash Levels: Motilal Oswal
Bajaj Auto signage. (Source: BloombergQuint)

Bajaj Auto Modifies Dividend Payout, Linking It To Cash Levels: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Bajaj Auto Ltd.’s board has approved a new dividend policy that links dividend payout to the level of cash/cash equivalents, in turn increasing the payout to 90% of profit after tax (against 50% payout in the old policy). Considering -

  1. strong operating cashflows,
  2. limited avenues to deploy cash on the books, and
  3. declining yields on treasure, this is a step in the right direction and could lead to a rerating.

Click on the attachment to read the full report:

Motilal Oswal Bajaj Auto Company Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.