Indian Overseas Bank Dividend History

Indian Overseas Bank declared a dividend of ₹0.50 per share on 29 Apr 2014, with a record date of 21 Jun 2014.

To receive the Indian Overseas Bank dividend, you must hold IOB shares before the ex-date of 19 Jun 2014. 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.

Indian Overseas Bank pays one dividend per financial year, typically declared after Q4 board meeting results.

Indian Overseas Bank's current dividend yield is 0.00%. This is relatively low — Indian Overseas Bank is primarily a capital appreciation stock rather than a high-dividend one.

Dividends from Indian Overseas Bank 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 Indian Overseas Bank 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.