TMB
Tamilnad Mercantile Bank Ltd Dividend
₹780.60
Tamilnad Mercantile Bank Ltd Dividend 2024 : Should Tamilnad Mercantile Bank Ltd be a part of your dividend portfolio?
Tamilnad Mercantile Bank Ltd is one of the most popular Banks company in the world with a market capitalisation of ₹12,360.91Cr. Its share price is ₹780.60 as on 23 June,2026.The dividend is a percentage of earnings paid out to shareholders. Last year, Tamilnad Mercantile Bank Ltd gave ₹12.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Banks stocks do not always pay a dividend but as Tamilnad Mercantile Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2026, Tamilnad Mercantile Bank Ltd has declared dividend of ₹12.50 - translating a dividend yield of 1.60%.
Let's look at Tamilnad Mercantile Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tamilnad Mercantile Bank Ltd’s revenue were ₹1,792.14Cr in the quarter ending March 2026. The revenue grew by 16.22% year on year basis since last quarter.
- Tamilnad Mercantile Bank Ltd’s dividend was ₹12.50 in the quarter ending March 2026.
Tamilnad Mercantile Bank Ltd Dividend related ratios:
- Last dividend date: 27/04/2026
- Current Dividend Yield: 1.60%
- Annual dividend payment: ₹12.50
History of Tamilnad Mercantile Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
12/06/2026 | CASH | ₹12.50 | 27/04/2026 | 12/06/2026 |
01/08/2025 | CASH | ₹11.00 | 23/04/2025 | 01/08/2025 |
20/09/2024 | CASH | ₹10.00 | 22/04/2024 | 21/09/2024 |
29/08/2023 | CASH | ₹5.00 | 24/04/2023 | 29/08/2023 |
24/02/2023 | CASH | ₹5.00 | 14/02/2023 | 24/02/2023 |
Tamilnad Mercantile Bank Ltd Dividend v/s Tamilnad Mercantile Bank Ltd Share price
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FAQs
What is current market price of Tamilnad Mercantile Bank Ltd (as on 23/06/2026)?
Tamilnad Mercantile Bank Ltd current market price is ₹780.60 per share
What is the dividend declared by Tamilnad Mercantile Bank Ltd in the last year?
Tamilnad Mercantile Bank Ltd has declared dividend worth ₹12.50 in the last year.
What is the latest dividend declared by Tamilnad Mercantile Bank Ltd?
Tamilnad Mercantile Bank Ltd has declared dividend worth ₹12.50 in the latest quarter.
When was the latest dividend declared by Tamilnad Mercantile Bank Ltd?
Tamilnad Mercantile Bank Ltd has declared dividend on 27/04/2026 of ₹12.50.
How many times did Tamilnad Mercantile Bank Ltd declare dividend in the current financial year?
Tamilnad Mercantile Bank Ltd has declared dividend 1 times of ₹12.50 in the current financial year (FY2026-2027)
How many times did Tamilnad Mercantile Bank Ltd declare dividend in the previous financial year?
Tamilnad Mercantile Bank Ltd has declared dividend 1 times of ₹11.00 in the previous financial year (FY2025-2026)