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RBLBANK

RBL Bank Ltd

₹242.60

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 ₹14,787.50Cr. Its share price is ₹242.60 as on 19 July,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 1.24%.

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 ₹4,214.99Cr in the quarter ending March 2024. The revenue grew by 26.7% year on year basis since last quarter.
  • RBL Bank Ltd’s profits were ₹364.43Cr in the quarter ending March 2024. The profits grew by 22.06% 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: 1.24%
  • Annual dividend payment: ₹3

RBL Bank Ltd Dividend v/s RBL Bank Ltd Share price

History of RBL Bank Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

RBL Bank Ltd current market price is ₹242.60 per share

RBL Bank Ltd has declared dividend worth ₹1.50 in the last year.

RBL Bank Ltd has declared dividend worth ₹1.50 in the latest quarter.

RBL Bank Ltd has declared dividend on 27/04/2024 of ₹1.50.

RBL Bank Ltd has declared dividend 1 times of ₹1.50 in the current financial year (FY2024-2025)

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