INDIANB
Indian Bank
₹567.65
Indian Bank Dividend 2024 : Should Indian Bank be a part of your dividend portfolio?
Indian Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹76,709.60Cr. Its share price is ₹567.65 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Bank gave ₹20.60 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 Indian Bank pays dividends to reward its shareholders.
- In the quarter ending March 2024, Indian Bank has declared dividend of ₹12 - translating a dividend yield of 3.63%.
Let's look at Indian Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Indian Bank’s revenue were ₹17,065.49Cr in the quarter ending March 2024. The revenue grew by 18.38% year on year basis since last quarter.
- Indian Bank’s profits were ₹2,295.61Cr in the quarter ending March 2024. The profits grew by 51.06% year on year basis since last quarter.
- Indian Bank’s dividend was ₹12 in the quarter ending March 2024.
Indian Bank Dividend related ratios:
- Last dividend date: 06/05/2024
- Current Dividend Yield: 3.63%
- Annual dividend payment: ₹20.60
History of Indian Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
07/06/2024 | CASH | ₹12 | 06/05/2024 | 07/06/2024 |
12/06/2023 | CASH | ₹8.60 | 08/05/2023 | 12/06/2023 |
14/06/2022 | CASH | ₹6.50 | 11/05/2022 | 15/06/2022 |
08/07/2021 | CASH | ₹2 | 28/05/2021 | 09/07/2021 |
02/06/2017 | CASH | ₹6 | 25/04/2017 | 06/06/2017 |
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