INDUSINDBK
IndusInd Bank Ltd
₹1,474.40
IndusInd Bank Ltd Dividend 2024 : Should IndusInd Bank Ltd be a part of your dividend portfolio?
IndusInd Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,16,028.05Cr. Its share price is ₹1,474.40 as on 18 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IndusInd Bank Ltd gave ₹22.50 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 IndusInd Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, IndusInd Bank Ltd has declared dividend of ₹14 - translating a dividend yield of 1.53%.
Let's look at IndusInd Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IndusInd Bank Ltd’s revenue were ₹13,968.17Cr in the quarter ending December 2023. The revenue grew by 21.11% year on year basis since last quarter.
- IndusInd Bank Ltd’s profits were ₹2,301.49Cr in the quarter ending December 2023. The profits grew by 17.21% year on year basis since last quarter.
- IndusInd Bank Ltd’s dividend was ₹14 in the quarter ending March 2023.
IndusInd Bank Ltd Dividend related ratios:
- Last dividend date: 24/04/2023
- Current Dividend Yield: 1.53%
- Annual dividend payment: ₹22.50
History of IndusInd Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
02/06/2023 | CASH | ₹14 | 24/04/2023 | 02/06/2023 |
11/08/2022 | CASH | ₹8.50 | 29/04/2022 | 12/08/2022 |
17/08/2021 | CASH | ₹5 | 30/04/2021 | 19/08/2021 |
08/08/2019 | CASH | ₹7.50 | 22/05/2019 | 10/08/2019 |
18/07/2018 | CASH | ₹7.50 | 19/04/2018 | 20/07/2018 |
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