IDFCFIRSTB
IDFC First Bank Ltd
₹72.37
IDFC First Bank Ltd Dividend 2024 : Should IDFC First Bank Ltd be a part of your dividend portfolio?
IDFC First Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹54,160.01Cr. Its share price is ₹72.37 as on 12 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IDFC First Bank Ltd gave ₹1.50 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 IDFC First Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2018, IDFC First Bank Ltd has declared dividend of ₹0.75 - translating a dividend yield of 2.07%.
Let's look at IDFC First Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IDFC First Bank Ltd’s revenue were ₹10,362.70Cr in the quarter ending June 2024. The revenue grew by 25.88% year on year basis since last quarter.
- IDFC First Bank Ltd’s profits were ₹642.64Cr in the quarter ending June 2024. The profits fell by -12.15% year on year basis since last quarter.
- IDFC First Bank Ltd’s dividend was ₹0.75 in the quarter ending March 2018.
IDFC First Bank Ltd Dividend related ratios:
- Last dividend date: 24/04/2018
- Current Dividend Yield: 2.07%
- Annual dividend payment: ₹1.50
History of IDFC First Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/07/2018 | CASH | ₹0.75 | 24/04/2018 | 25/07/2018 |
20/07/2017 | CASH | ₹0.75 | 25/04/2017 | 22/07/2017 |
19/07/2016 | CASH | ₹0.25 | 26/04/2016 | 21/07/2016 |
