KTKBANK
Karnataka Bank Ltd
₹218.90
Karnataka Bank Ltd Dividend 2023 : 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 ₹7,455.38Cr. Its share price is ₹218.90 as on 30 November,2023.
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 4.11%.
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 ₹2,276.23Cr in the quarter ending September 2023. The revenue grew by 12.07% year on year basis since last quarter.
- Karnataka Bank Ltd’s profits were ₹330.24Cr in the quarter ending September 2023. The profits fell by -19.74% 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: 4.11%
- Annual dividend payment: ₹9
History of Karnataka Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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