Bandhan Bank Ltd Dividend 2023 : Should Bandhan Bank Ltd be a part of your dividend portfolio?
Bandhan Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹39,442.02Cr. Its share price is ₹245.50 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bandhan Bank Ltd gave ₹1.50 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 Bandhan Bank Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Bandhan Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.61%.
Let's look at Bandhan Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Bandhan Bank Ltd’s revenue were ₹4,908.03Cr in the quarter ending June 2023. The revenue grew by 11.92% year on year basis since last quarter.
Bandhan Bank Ltd’s profits were ₹721.05Cr in the quarter ending June 2023. The profits fell by -18.66% year on year basis since last quarter.
Bandhan Bank Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Bandhan Bank Ltd Dividend related ratios:
Last dividend date: 19/05/2023
Current Dividend Yield: 0.61%
Annual dividend payment: ₹1.50
Bandhan Bank Ltd Dividend v/s Bandhan Bank Ltd Share price
History of Bandhan Bank Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
11/08/2023
CASH
₹1.50
19/05/2023
11/08/2023
29/07/2021
CASH
₹1
08/05/2021
30/07/2021
20/06/2019
CASH
₹3
02/05/2019
22/06/2019
12/07/2018
CASH
₹1
27/04/2018
13/07/2018
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