INDBANK
Indbank Merchant Banking Services Ltd
₹47.55
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 ₹210.94Cr. Its share price is ₹47.55 as on 17 April,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 1.58%.
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 ₹6.60Cr in the quarter ending December 2023. The revenue grew by 22% year on year basis since last quarter.
- Indbank Merchant Banking Services Ltd’s profits were ₹2.56Cr in the quarter ending December 2023. The profits grew by 46.29% 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: 1.58%
- Annual dividend payment: ₹0.75
History of Indbank Merchant Banking Services Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
