KOTAKBANK
Kotak Mahindra Bank Ltd
₹1,828.45
Kotak Mahindra Bank Ltd Dividend 2023 : Should Kotak Mahindra Bank Ltd be a part of your dividend portfolio?
Kotak Mahindra Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹3,61,194.14Cr. Its share price is ₹1,828.45 as on 6 December,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Kotak Mahindra Bank Ltd gave ₹2.60 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 Kotak Mahindra Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Kotak Mahindra Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.14%.
Let's look at Kotak Mahindra Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Kotak Mahindra Bank Ltd’s revenue were ₹21,559.52Cr in the quarter ending September 2023. The revenue grew by 23.66% year on year basis since last quarter.
- Kotak Mahindra Bank Ltd’s profits were ₹4,461.04Cr in the quarter ending September 2023. The profits grew by 23.64% year on year basis since last quarter.
- Kotak Mahindra Bank Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Kotak Mahindra Bank Ltd Dividend related ratios:
- Last dividend date: 29/04/2023
- Current Dividend Yield: 0.14%
- Annual dividend payment: ₹2.60
History of Kotak Mahindra Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/08/2023 | CASH | ₹1.50 | 29/04/2023 | 04/08/2023 |
11/08/2022 | CASH | ₹1.10 | 04/05/2022 | 12/08/2022 |
11/08/2021 | CASH | ₹0.90 | 03/05/2021 | 12/08/2021 |
12/07/2019 | CASH | ₹0.80 | 30/04/2019 | 16/07/2019 |
11/07/2018 | CASH | ₹0.70 | 30/04/2018 | 03/07/2018 |
View More
