Equitas Small Finance Bank Ltd Dividend 2024 : 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 ₹7,903.45Cr. Its share price is ₹66.12 as on 22 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Equitas Small Finance 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 Equitas Small Finance Bank Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Equitas Small Finance Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 3.02%.
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 ₹1,709.66Cr in the quarter ending June 2024. The revenue grew by 19.95% year on year basis since last quarter.
Equitas Small Finance Bank Ltd’s profits were ₹25.76Cr in the quarter ending June 2024. The profits fell by -86.53% year on year basis since last quarter.
Equitas Small Finance Bank Ltd’s dividend was ₹1 in the quarter ending March 2024.
Equitas Small Finance Bank Ltd Dividend related ratios:
Last dividend date: 24/04/2024
Current Dividend Yield: 3.02%
Annual dividend payment: ₹2
History of Equitas Small Finance Bank Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
09/08/2024
CASH
₹1
24/04/2024
09/08/2024
28/07/2023
CASH
₹1
05/05/2023
28/07/2023
Equitas Small Finance Bank Ltd Dividend v/s Equitas Small Finance Bank Ltd Share price
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