EQUITASBNK
Equitas Small Finance Bank Ltd
₹83.85
Equitas Small Finance Bank Ltd Dividend 2023 : Should Equitas Small Finance Bank Ltd be a part of your dividend portfolio?
Equitas Small Finance Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹9,447.10Cr. Its share price is ₹83.85 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Equitas Small Finance 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 Equitas Small Finance Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Equitas Small Finance Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 1.19%.
Let's look at Equitas Small Finance Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Equitas Small Finance Bank Ltd’s revenue were ₹1,425.33Cr in the quarter ending June 2023. The revenue grew by 32.76% year on year basis since last quarter.
- Equitas Small Finance Bank Ltd’s profits were ₹191.20Cr in the quarter ending June 2023. The profits grew by 97.09% year on year basis since last quarter.
- Equitas Small Finance Bank Ltd’s dividend was ₹1 in the quarter ending March 2023.
Equitas Small Finance Bank Ltd Dividend related ratios:
- Last dividend date: 05/05/2023
- Current Dividend Yield: 1.19%
- Annual dividend payment: ₹1
History of Equitas Small Finance Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
28/07/2023 | CASH | ₹1 | 05/05/2023 | 28/07/2023 |
