DHANBANK
Dhanlaxmi Bank Ltd
₹44.15
Dhanlaxmi Bank Ltd Dividend 2024 : Should Dhanlaxmi Bank Ltd be a part of your dividend portfolio?
Dhanlaxmi Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,119.33Cr. Its share price is ₹44.15 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Dhanlaxmi Bank Ltd gave ₹1 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 Dhanlaxmi Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2011, Dhanlaxmi Bank Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2.27%.
Let's look at Dhanlaxmi Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Dhanlaxmi Bank Ltd’s revenue were ₹343.42Cr in the quarter ending December 2023. The revenue grew by 10.01% year on year basis since last quarter.
- Dhanlaxmi Bank Ltd’s profits were ₹3.05Cr in the quarter ending December 2023. The profits fell by -85.96% year on year basis since last quarter.
- Dhanlaxmi Bank Ltd’s dividend was ₹0.50 in the quarter ending March 2011.
Dhanlaxmi Bank Ltd Dividend related ratios:
- Last dividend date: 23/04/2011
- Current Dividend Yield: 2.27%
- Annual dividend payment: ₹1
History of Dhanlaxmi Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/06/2011 | CASH | ₹0.50 | 23/04/2011 | 14/06/2011 |
07/07/2010 | CASH | ₹0.50 | 11/05/2010 | 09/07/2010 |
16/07/2009 | CASH | ₹1 | 29/04/2009 | 18/07/2009 |
11/09/2008 | CASH | ₹0.50 | 06/06/2008 | 13/09/2008 |
