CANBK
Canara Bank
₹616.85
Canara Bank Dividend 2024 : Should Canara Bank be a part of your dividend portfolio?
Canara Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,08,303.58Cr. Its share price is ₹616.85 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Canara Bank gave ₹12 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 Canara Bank pays dividends to reward its shareholders.
- In the quarter ending March 2023, Canara Bank has declared dividend of ₹12 - translating a dividend yield of 1.95%.
Let's look at Canara Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Canara Bank’s revenue were ₹35,630.18Cr in the quarter ending December 2023. The revenue grew by 25.73% year on year basis since last quarter.
- Canara Bank’s profits were ₹3,790.21Cr in the quarter ending December 2023. The profits grew by 24.97% year on year basis since last quarter.
- Canara Bank’s dividend was ₹12 in the quarter ending March 2023.
Canara Bank Dividend related ratios:
- Last dividend date: 08/05/2023
- Current Dividend Yield: 1.95%
- Annual dividend payment: ₹12
History of Canara Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/06/2023 | CASH | ₹12 | 08/05/2023 | 14/06/2023 |
15/06/2022 | CASH | ₹6.50 | 06/05/2022 | 16/06/2022 |
12/07/2017 | CASH | ₹1 | 08/05/2017 | 14/07/2017 |
25/06/2015 | CASH | ₹10.50 | 25/05/2015 | 27/06/2015 |
03/07/2014 | CASH | ₹4.50 | 05/05/2014 | 05/07/2014 |
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