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INDIANB

Indian Bank

₹540.70

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 ₹72,769.73Cr. Its share price is ₹540.70 as on 18 June,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 3.81%.

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: 3.81%
  • Annual dividend payment: ₹20.60

Indian Bank Dividend v/s Indian Bank Share price

History of Indian Bank's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Indian Bank current market price is ₹540.70 per share

Indian Bank has declared dividend worth ₹12 in the last year.

Indian Bank has declared dividend worth ₹12 in the latest quarter.

Indian Bank has declared dividend on 06/05/2024 of ₹12.

Indian Bank has declared dividend 1 times of ₹12 in the current financial year (FY2024-2025)

Indian Bank has declared dividend 1 times of ₹8.60 in the previous financial year (FY2023-2024)