IOB
Indian Overseas Bank
₹63.25
Indian Overseas Bank Dividend 2024 : Should Indian Overseas Bank be a part of your dividend portfolio?
Indian Overseas Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,19,841.29Cr. Its share price is ₹63.25 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Overseas Bank gave ₹3.20 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 Overseas Bank pays dividends to reward its shareholders.
- In the quarter ending March 2014, Indian Overseas Bank has declared dividend of ₹0.50 - translating a dividend yield of 5.06%.
Let's look at Indian Overseas Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Indian Overseas Bank’s revenue were ₹7,442.65Cr in the quarter ending December 2023. The revenue grew by 23.88% year on year basis since last quarter.
- Indian Overseas Bank’s profits were ₹724.13Cr in the quarter ending December 2023. The profits grew by 30.46% year on year basis since last quarter.
- Indian Overseas Bank’s dividend was ₹0.50 in the quarter ending March 2014.
Indian Overseas Bank Dividend related ratios:
- Last dividend date: 29/04/2014
- Current Dividend Yield: 5.06%
- Annual dividend payment: ₹3.20
History of Indian Overseas Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/06/2014 | CASH | ₹0.50 | 29/04/2014 | 21/06/2014 |
10/02/2014 | CASH | ₹0.70 | 29/01/2014 | 11/02/2014 |
20/06/2013 | CASH | ₹2 | 29/04/2013 | 22/06/2013 |
21/06/2012 | CASH | ₹4.50 | 05/05/2012 | 23/06/2012 |
04/07/2011 | CASH | ₹5 | 02/05/2011 | 06/07/2011 |
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