Indbank Merchant Banking Services Ltd Dividend History
Latest Dividend
₹0.75
FY2009 · Final
Declared On
07/05/2009
announcement date
Ex-Date
07/08/2009
last ex-dividend date
Record Date
11/08/2009
eligibility cutoff
Dividend Yield
2.31%
as of 21 Aug 2026
History of Indbank Merchant Banking Services Ltd's Dividend payments
| Announcement Date | Ex-Date | Record Date | Type | Dividend / Share |
|---|---|---|---|---|
07/05/2009 | 07/08/2009 | 11/08/2009 | Final | ₹0.75 |
16/04/2008 | 12/06/2008 | 16/06/2008 | Final | ₹1.50 |
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FAQs
What is the latest dividend declared by Indbank Merchant Banking Services Ltd?
Indbank Merchant Banking Services Ltd declared a dividend of ₹0.75 per share on 7 May 2009, with a record date of 11 Aug 2009.
When will I receive the Indbank Merchant Banking Services Ltd dividend?
To receive the Indbank Merchant Banking Services Ltd dividend, you must hold INDBANK shares before the ex-date of 7 Aug 2009. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.
How often does Indbank Merchant Banking Services Ltd pay dividend?
Indbank Merchant Banking Services Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.
Is Indbank Merchant Banking Services Ltd a good stock for dividend income?
Indbank Merchant Banking Services Ltd's current dividend yield is 0.00%. This is relatively low — Indbank Merchant Banking Services Ltd is primarily a capital appreciation stock rather than a high-dividend one.
How much tax will I pay on Indbank Merchant Banking Services Ltd dividend?
Dividends from Indbank Merchant Banking Services Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Indbank Merchant Banking Services Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.