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KTKBANK

Karnataka Bank Ltd

₹223.46

Karnataka Bank Ltd Dividend 2024 : Should Karnataka Bank Ltd be a part of your dividend portfolio?

Karnataka Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹8,547.12Cr. Its share price is ₹223.46 as on 18 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Karnataka Bank Ltd gave ₹9 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 Karnataka Bank Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Karnataka Bank Ltd has declared dividend of ₹5 - translating a dividend yield of 4.03%.

Let's look at Karnataka Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Karnataka Bank Ltd’s revenue were ₹2,619.97Cr in the quarter ending March 2024. The revenue grew by 10.8% year on year basis since last quarter.
  • Karnataka Bank Ltd’s profits were ₹274.43Cr in the quarter ending March 2024. The profits fell by -22.37% year on year basis since last quarter.
  • Karnataka Bank Ltd’s dividend was ₹5 in the quarter ending March 2023.

Karnataka Bank Ltd Dividend related ratios:

  • Last dividend date: 26/05/2023
  • Current Dividend Yield: 4.03%
  • Annual dividend payment: ₹9

Karnataka Bank Ltd Dividend v/s Karnataka Bank Ltd Share price

History of Karnataka Bank Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
22/08/2023
CASH
₹5
26/05/2023
22/08/2023
18/08/2022
CASH
₹4
27/05/2022
19/08/2022
18/08/2021
CASH
₹1.80
26/05/2021
20/08/2021
29/07/2019
CASH
₹3.50
13/05/2019
31/07/2019
11/07/2018
CASH
₹3
15/05/2018
13/07/2018
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FAQs

Karnataka Bank Ltd current market price is ₹223.46 per share

Karnataka Bank Ltd has declared dividend worth ₹5 in the latest quarter.

Karnataka Bank Ltd has declared dividend on 26/05/2023 of ₹5.

Karnataka Bank Ltd has declared dividend 1 times of ₹5 in the previous financial year (FY2023-2024)