RBLBANK
RBL Bank Ltd
₹176.14
RBL Bank Ltd Dividend 2024 : Should RBL Bank Ltd be a part of your dividend portfolio?
RBL Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹12,484.83Cr. Its share price is ₹176.14 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, RBL Bank Ltd gave ₹3 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 RBL Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, RBL Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.70%.
Let's look at RBL Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- RBL Bank Ltd’s revenue were ₹4,459.05Cr in the quarter ending September 2024. The revenue grew by 19.85% year on year basis since last quarter.
- RBL Bank Ltd’s profits were ₹231.70Cr in the quarter ending September 2024. The profits fell by -30.02% year on year basis since last quarter.
- RBL Bank Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
RBL Bank Ltd Dividend related ratios:
- Last dividend date: 27/04/2024
- Current Dividend Yield: 1.70%
- Annual dividend payment: ₹3
History of RBL Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
26/07/2024 | CASH | ₹1.50 | 27/04/2024 | 26/07/2024 |
18/08/2023 | CASH | ₹1.50 | 29/04/2023 | 18/08/2023 |
23/03/2020 | CASH | ₹1.50 | 17/03/2020 | 25/03/2020 |
01/07/2019 | CASH | ₹2.70 | 18/04/2019 | 03/07/2019 |
26/07/2018 | CASH | ₹2.10 | 27/04/2018 | 28/07/2018 |
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