AXISBANK
Axis Bank Ltd
₹1,029.10
Axis Bank Ltd Dividend 2024 : Should Axis Bank Ltd be a part of your dividend portfolio?
Axis Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹3,16,144.16Cr. Its share price is ₹1,029.10 as on 20 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Axis Bank Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Axis Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Axis Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 0.19%.
Let's look at Axis Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Axis Bank Ltd’s revenue were ₹35,136.83Cr in the quarter ending December 2023. The revenue grew by 25.53% year on year basis since last quarter.
- Axis Bank Ltd’s profits were ₹6,491.66Cr in the quarter ending December 2023. The profits grew by 4.92% year on year basis since last quarter.
- Axis Bank Ltd’s dividend was ₹1 in the quarter ending March 2023.
Axis Bank Ltd Dividend related ratios:
- Last dividend date: 27/04/2023
- Current Dividend Yield: 0.19%
- Annual dividend payment: ₹2
History of Axis Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
07/07/2023 | CASH | ₹1 | 27/04/2023 | 07/07/2023 |
07/07/2022 | CASH | ₹1 | 28/04/2022 | 08/07/2022 |
04/07/2019 | CASH | ₹1 | 25/04/2019 | 06/07/2019 |
06/07/2017 | CASH | ₹5 | 26/04/2017 | 08/07/2017 |
07/07/2016 | CASH | ₹5 | 26/04/2016 | 09/07/2016 |
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