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KOTAKBANK

Kotak Mahindra Bank Ltd

₹1,843.55

Kotak Mahindra Bank Ltd Dividend 2024 : 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 ₹3,64,441.17Cr. Its share price is ₹1,843.55 as on 15 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Kotak Mahindra Bank Ltd gave ₹2 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 2024, Kotak Mahindra Bank Ltd has declared dividend of ₹2 - translating a dividend yield of 0.11%.

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 ₹27,907.33Cr in the quarter ending March 2024. The revenue grew by 34.39% year on year basis since last quarter.
  • Kotak Mahindra Bank Ltd’s profits were ₹5,337.20Cr in the quarter ending March 2024. The profits grew by 16.88% year on year basis since last quarter.
  • Kotak Mahindra Bank Ltd’s dividend was ₹2 in the quarter ending March 2024.

Kotak Mahindra Bank Ltd Dividend related ratios:

  • Last dividend date: 04/05/2024
  • Current Dividend Yield: 0.11%
  • Annual dividend payment: ₹2

Kotak Mahindra Bank Ltd Dividend v/s Kotak Mahindra Bank Ltd Share price

History of Kotak Mahindra Bank Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
19/07/2024
CASH
₹2
04/05/2024
19/07/2024
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
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FAQs

Kotak Mahindra Bank Ltd current market price is ₹1,843.55 per share

Kotak Mahindra Bank Ltd has declared dividend worth ₹2 in the last year.

Kotak Mahindra Bank Ltd has declared dividend worth ₹2 in the latest quarter.

Kotak Mahindra Bank Ltd has declared dividend on 04/05/2024 of ₹2.

Kotak Mahindra Bank Ltd has declared dividend 1 times of ₹2 in the current financial year (FY2024-2025)

Kotak Mahindra Bank Ltd has declared dividend 1 times of ₹1.50 in the previous financial year (FY2023-2024)