CUB
City Union Bank Ltd
₹160.70
City Union Bank Ltd Dividend 2024 : Should City Union Bank Ltd be a part of your dividend portfolio?
City Union Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹11,910Cr. Its share price is ₹160.70 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, City Union 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 City Union Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, City Union Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 1.24%.
Let's look at City Union Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- City Union Bank Ltd’s revenue were ₹1,519.11Cr in the quarter ending December 2023. The revenue grew by 6.23% year on year basis since last quarter.
- City Union Bank Ltd’s profits were ₹253.03Cr in the quarter ending December 2023. The profits grew by 16.15% year on year basis since last quarter.
- City Union Bank Ltd’s dividend was ₹1 in the quarter ending March 2023.
City Union Bank Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 1.24%
- Annual dividend payment: ₹2
History of City Union Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/08/2023 | CASH | ₹1 | 26/05/2023 | 11/08/2023 |
10/08/2022 | CASH | ₹1 | 27/05/2022 | 11/08/2022 |
11/08/2021 | CASH | ₹0.20 | 19/07/2021 | 12/08/2021 |
04/06/2021 | CASH | ₹0.30 | 28/05/2021 | 07/06/2021 |
26/03/2020 | CASH | ₹0.50 | 19/03/2020 | 27/03/2020 |
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