CANBK
Canara Bank
₹102.86
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 ₹94,924.37Cr. Its share price is ₹102.86 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Canara Bank gave ₹15.22 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 2024, Canara Bank has declared dividend of ₹3.22 - translating a dividend yield of 14.80%.
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 ₹36,965.75Cr in the quarter ending June 2024. The revenue grew by 14.59% year on year basis since last quarter.
- Canara Bank’s profits were ₹4,067.51Cr in the quarter ending June 2024. The profits grew by 8.79% year on year basis since last quarter.
- Canara Bank’s dividend was ₹3.22 in the quarter ending March 2024.
Canara Bank Dividend related ratios:
- Last dividend date: 08/05/2024
- Current Dividend Yield: 14.80%
- Annual dividend payment: ₹15.22
History of Canara Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/06/2024 | CASH | ₹3.22 | 08/05/2024 | 17/06/2024 |
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 |
