J&KBANK
Jammu and Kashmir Bank Ltd
₹130.50
Jammu and Kashmir Bank Ltd Dividend 2024 : Should Jammu and Kashmir Bank Ltd be a part of your dividend portfolio?
Jammu and Kashmir Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹14,486.06Cr. Its share price is ₹130.50 as on 23 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jammu and Kashmir Bank Ltd gave ₹0.50 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 Jammu and Kashmir Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Jammu and Kashmir Bank Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.38%.
Let's look at Jammu and Kashmir Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Jammu and Kashmir Bank Ltd’s revenue were ₹3,066.97Cr in the quarter ending December 2023. The revenue grew by 14.24% year on year basis since last quarter.
- Jammu and Kashmir Bank Ltd’s profits were ₹422.77Cr in the quarter ending December 2023. The profits grew by 37.64% year on year basis since last quarter.
- Jammu and Kashmir Bank Ltd’s dividend was ₹0.50 in the quarter ending March 2023.
Jammu and Kashmir Bank Ltd Dividend related ratios:
- Last dividend date: 05/05/2023
- Current Dividend Yield: 0.38%
- Annual dividend payment: ₹0.50
History of Jammu and Kashmir Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/08/2023 | CASH | ₹0.50 | 05/05/2023 | 17/08/2023 |
11/07/2016 | CASH | ₹1.75 | 24/05/2016 | 13/07/2016 |
13/08/2015 | CASH | ₹2.10 | 16/05/2015 | 17/08/2015 |
24/07/2014 | CASH | ₹50 | 15/05/2014 | 28/07/2014 |
13/06/2013 | CASH | ₹50 | 15/05/2013 | 17/06/2013 |
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