Central Bank of India Dividend 2024 : Should Central Bank of India be a part of your dividend portfolio?
Central Bank of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹51,148.10Cr. Its share price is ₹58.99 as on 11 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Central Bank of India gave ₹0.50 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 Central Bank of India pays dividends to reward its shareholders.
In the quarter ending March 2015, Central Bank of India has declared dividend of ₹0.50 - translating a dividend yield of 0.85%.
Let's look at Central Bank of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Central Bank of India’s revenue were ₹9,884.28Cr in the quarter ending September 2024. The revenue grew by 17.13% year on year basis since last quarter.
Central Bank of India’s profits were ₹923.83Cr in the quarter ending September 2024. The profits grew by 48.54% year on year basis since last quarter.
Central Bank of India’s dividend was ₹0.50 in the quarter ending March 2015.
Central Bank of India Dividend related ratios:
Last dividend date: 12/05/2015
Current Dividend Yield: 0.85%
Annual dividend payment: ₹0.50
History of Central Bank of India's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
23/06/2015
CASH
₹0.50
12/05/2015
25/06/2015
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