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AXISBANK

Axis Bank Ltd

₹1,126

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 ₹3,51,227.39Cr. Its share price is ₹1,126 as on 22 May,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 0.18%.

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 ₹37,836.10Cr in the quarter ending March 2024. The revenue grew by 26.04% year on year basis since last quarter.
  • Axis Bank Ltd’s profits were ₹7,599.04Cr in the quarter ending March 2024. The profits grew by 241.72% 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: 0.18%
  • Annual dividend payment: ₹2

Axis Bank Ltd Dividend v/s Axis Bank Ltd Share price

History of Axis Bank Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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
View More

FAQs

Axis Bank Ltd current market price is ₹1,126 per share

Axis Bank Ltd has declared dividend worth ₹1 in the latest quarter.

Axis Bank Ltd has declared dividend on 27/04/2023 of ₹1.

Axis Bank Ltd has declared dividend 1 times of ₹1 in the previous financial year (FY2023-2024)