Bajaj Finance Set to Announce Its First Bonus Since 2016: A Look at Its Dividend History Ahead of the Board Meeting

Bajaj Finance Ltd. (BFL) is one of India’s most prominent non-banking financial companies (NBFCs), known for its expansive retail asset financing operations. Originally founded to support vehicle financing for Bajaj Auto’s two- and three-wheelers, the company has since evolved into a diversified financial powerhouse.

Today, Bajaj Finance operates across seven broad verticals:

• Consumer Lending

• Commercial Lending

• Rural Lending

• SME Lending

• Deposits

• Payments

• Partnerships & Services

This strategic diversification has allowed the company to build a robust pan-India presence, catering to a wide range of customer segments with tailored financial solutions.

Recent Surge in Share Price

On April 24, 2025, the Bajaj Finance share price touched an all-time high of ₹9,660 on the National Stock Exchange (NSE). This notable surge followed a key announcement from the company regarding its upcoming board meeting scheduled for 29 April 2025.

In its exchange filing, the company stated that the board would consider:

• A special interim dividend

• A stock split

• A bonus issue of shares

These corporate actions have drawn considerable attention from market participants, triggering heightened investor interest and contributing to the upward momentum in the stock price.

A History of Bonus Issues and Dividends

Bajaj Finance last issued bonus shares in September 2016 in a 1:1 ratio. Since then, it has consistently enhanced its dividend payouts, reflecting its strong financial performance and shareholder focus.

Here’s a quick look at recent dividend declarations:

• June 2024: Final dividend of ₹36 per share

• June 2023: Final dividend of ₹30 per share

• 2022: Dividend of ₹20 per share, up from ₹10 in 2021

This trajectory signals a sustained growth in profit distribution over the years, demonstrating management’s commitment to rewarding shareholders.

Read More: Bajaj Housing Finance Share Price in Focus on Apr 24; PAT Surges 54% in Q4 FY25!

Share Price Performance

As of April 24, 2025, the share price of Bajaj Finance has delivered a 37.5% year-to-date gain. 

Upcoming Board Meeting and Expectations

The upcoming board meeting on April 29, 2025, is set to be a key event. Apart from deliberating on dividend declarations and possible corporate actions, the board will also review the company’s Q4 and full-year FY25 financial results.

Conclusion

Bajaj Finance continues to stand out in the NBFC sector, both for its operational breadth and its consistent financial performance. With major corporate actions on the horizon and a strong track record of dividend growth, the company’s upcoming board decisions are being watched closely across the financial ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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