Indbank Merchant Banking Services Ltd logo

INDBANK

Indbank Merchant Banking Services Ltd

₹48.80

Indbank Merchant Banking Services Ltd Dividend 2024 : Should Indbank Merchant Banking Services Ltd be a part of your dividend portfolio?

Indbank Merchant Banking Services Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹217.68Cr. Its share price is ₹48.80 as on 24 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Indbank Merchant Banking Services Ltd gave ₹0.75 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 Indbank Merchant Banking Services Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2009, Indbank Merchant Banking Services Ltd has declared dividend of ₹0.75 - translating a dividend yield of 1.54%.

Let's look at Indbank Merchant Banking Services Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Indbank Merchant Banking Services Ltd’s revenue were ₹7.83Cr in the quarter ending March 2024. The revenue grew by 85.11% year on year basis since last quarter.
  • Indbank Merchant Banking Services Ltd’s profits were ₹2.50Cr in the quarter ending March 2024. The profits grew by 362.96% year on year basis since last quarter.
  • Indbank Merchant Banking Services Ltd’s dividend was ₹0.75 in the quarter ending March 2009.

Indbank Merchant Banking Services Ltd Dividend related ratios:

  • Last dividend date: 07/05/2009
  • Current Dividend Yield: 1.54%
  • Annual dividend payment: ₹0.75

History of Indbank Merchant Banking Services Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
07/08/2009
CASH
₹0.75
07/05/2009
11/08/2009
12/06/2008
CASH
₹1.50
16/04/2008
16/06/2008

FAQs

Indbank Merchant Banking Services Ltd current market price is ₹48.80 per share

Indbank Merchant Banking Services Ltd has declared dividend worth ₹0.75 in the latest quarter.

Indbank Merchant Banking Services Ltd has declared dividend on 07/05/2009 of ₹0.75.