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Kotak Mahindra Bank Ltd Dividend History & Latest Dividend 2026

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NSE: KOTAKBANK|
Stock price: ₹447.95|
Share price & overview ↗

Kotak Mahindra Bank last declared a final dividend of ₹0.65 per share on 2 May 2026. The ex-date was 17 July 2026 and the record date was 17 July 2026. Trailing 12-month dividend yield is 0.15% as of 15 October 2026.

Latest Dividend

₹0.65

FY2026 · Final

Declared On

2 May 2026

announcement date

Ex-Date

17 Jul 2026

last ex-dividend date

Record Date

17 Jul 2026

eligibility cutoff

TTM Yield

0.15%

as of 15 Oct 2026

Kotak Mahindra Bank Dividend History

19 dividends declared, newest first

AnnouncementEx-DateRecord DateTypeDividend / ShareAdjusted Dividend / ShareYield at Ex-Date
2 May 202617 Jul 202617 Jul 2026Final₹0.65₹0.650.17%
3 May 202518 Jul 202518 Jul 2025Final₹2.50₹0.50NA
4 May 202419 Jul 202419 Jul 2024Final₹2.00₹0.40NA
29 Apr 20234 Aug 20234 Aug 2023Final₹1.50₹0.30NA
4 May 202211 Aug 202212 Aug 2022Final₹1.10₹0.22NA
3 May 202111 Aug 202112 Aug 2021Final₹0.90₹0.18NA
30 Apr 201912 Jul 201916 Jul 2019Final₹0.80₹0.16NA
30 Apr 201811 Jul 20183 Jul 2018Final₹0.70₹0.14NA
27 Apr 201712 Jul 201714 Jul 2017Final₹0.60₹0.12NA
11 May 201614 Jul 201616 Jul 2016Final₹0.50₹0.10NA
5 May 201518 Jun 201522 Jun 2015Final₹0.90₹0.18NA
30 Apr 20144 Jul 20148 Jul 2014Final₹0.80₹0.16NA
2 May 20134 Jul 20138 Jul 2013Final₹0.70₹0.14NA
8 May 20126 Jul 201210 Jul 2012Final₹0.60₹0.12NA
5 May 201112 Jul 201114 Jul 2011Final₹0.50₹0.10NA
11 May 201030 Jun 20105 Jul 2010Final₹0.85₹0.17NA
12 May 200914 Jul 200916 Jul 2009Final₹0.75₹0.15NA
9 May 200814 Jul 200816 Jul 2008Final₹0.75₹0.15NA
8 May 200722 Jun 200726 Jun 2007Final₹0.70₹0.14NA

Adjusted for stock split (face value ₹5 to ₹1) in Jan 2026. Adjusted Dividend / Share restates past payouts on today's share count, so figures before and after the change can be compared.

Kotak Mahindra Bank Dividend Summary

Based on dividends up to FY2026, adjusted for bonus issues and splits

Consecutive years paid

6

financial years, up to FY2026

5Y adjusted DPS CAGR

29.3%

FY2021 to FY2026

5Y total adjusted dividend

₹2.07

per share

Latest payout ratio

3%

FY2026 DPS ÷ EPS

Payout frequency

Annual

1 dividend in FY2026

Dividend per Share vs Earnings per Share

Adjusted dividend per share and EPS for each completed financial year, on one ₹ scale

Financial YearEPSAdjusted DPS
FY2026₹19.39₹0.65
FY2025₹22.26₹0.50
FY2024₹18.29₹0.40
FY2023₹14.99₹0.30
FY2022₹45.22₹0.22
FY2021NA₹0.18

How Much Dividend Would You Receive?

Gross amount at the latest dividend of ₹0.65 per share

Gross dividend

₹65.00

100 × ₹0.65 per share

Calculated at the latest declared dividend of ₹0.65 per share, before tax. Past dividends do not indicate future dividends.

About Kotak Mahindra Bank's Dividend Record

Kotak Mahindra Bank has paid a dividend in each of the last 6 financial years, up to FY2026. After adjusting for bonus issues and stock splits, dividend per share grew at a 5-year CAGR of 29.3% from FY2021 to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹2.07 per share. The FY2026 payout ratio was 3%, based on earnings per share of ₹19.39. The trailing 12-month dividend yield is 0.15% as of 15 October 2026, based on dividends of ₹0.65 per share and a share price of ₹447.95.

FAQs

What is the latest dividend declared by Kotak Mahindra Bank?

Kotak Mahindra Bank declared a final dividend of ₹0.65 per share on 2 May 2026, with a record date of 17 July 2026.

When will I receive the Kotak Mahindra Bank dividend?

Shareholders on record as of 17 July 2026 are eligible for the Kotak Mahindra Bank dividend. It is credited to the bank account linked to the shareholder's demat account.

What are the ex-dividend date and record date for Kotak Mahindra Bank?

The ex-date is 17 July 2026 and the record date is 17 July 2026. Under the T+1 settlement cycle, investors generally need to buy shares before the ex-date to be eligible for the dividend.

How often does Kotak Mahindra Bank pay a dividend?

Kotak Mahindra Bank has paid a dividend in each of the last 6 financial years, up to FY2026. In FY2026 its payout frequency was annual.

What is Kotak Mahindra Bank's dividend yield?

Kotak Mahindra Bank's trailing 12-month dividend yield is 0.15% as of 15 October 2026, based on ₹0.65 of dividends per share during the previous 12 months and a share price of ₹447.95.

Why are Kotak Mahindra Bank's older dividend per share figures adjusted?

Adjusted for stock split (face value ₹5 to ₹1) in Jan 2026. A bonus issue or stock split increases the number of shares, so dividends paid before it are restated on today's share count to make them comparable with later payouts.

How is the Kotak Mahindra Bank dividend taxed?

Dividends from Kotak Mahindra Bank are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Kotak Mahindra Bank exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.

How can I check whether I received the Kotak Mahindra Bank dividend?

Check the bank account linked to your demat account for the dividend credit. Where applicable, tax deducted at source also appears in your Form 26AS and AIS.