DCBBANK
DCB Bank Ltd
₹124.20
DCB Bank Ltd Dividend 2023 : Should DCB Bank Ltd be a part of your dividend portfolio?
DCB Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹3,891.19Cr. Its share price is ₹124.20 as on 4 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, DCB Bank Ltd gave ₹2.25 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 DCB Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, DCB Bank Ltd has declared dividend of ₹1.25 - translating a dividend yield of 1.81%.
Let's look at DCB Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- DCB Bank Ltd’s revenue were ₹1,344.68Cr in the quarter ending June 2023. The revenue grew by 29.09% year on year basis since last quarter.
- DCB Bank Ltd’s profits were ₹126.93Cr in the quarter ending June 2023. The profits grew by 30.65% year on year basis since last quarter.
- DCB Bank Ltd’s dividend was ₹1.25 in the quarter ending March 2023.
DCB Bank Ltd Dividend related ratios:
- Last dividend date: 05/05/2023
- Current Dividend Yield: 1.81%
- Annual dividend payment: ₹2.25
History of DCB Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
15/06/2023 | CASH | ₹1.25 | 05/05/2023 | 15/06/2023 |
14/06/2022 | CASH | ₹1 | 07/05/2022 | 15/06/2022 |
23/05/2019 | CASH | ₹1 | 17/04/2019 | 25/05/2019 |
24/05/2018 | CASH | ₹0.75 | 14/04/2018 | 26/05/2018 |
24/05/2017 | CASH | ₹0.50 | 14/04/2017 | 26/05/2017 |
