TMB
Tamilnad Mercantile Bank Ltd
₹425.35
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 ₹6,735.48Cr. Its share price is ₹425.35 as on 23 August,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Tamilnad Mercantile Bank Ltd gave ₹11.00 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 2025, Tamilnad Mercantile Bank Ltd has declared dividend of ₹11.00 - translating a dividend yield of 2.59%.
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 ₹1,617.47Cr in the quarter ending June 2025. The revenue grew by 6.77% year on year basis since last quarter.
- Tamilnad Mercantile Bank Ltd’s dividend was ₹11.00 in the quarter ending March 2025.
Tamilnad Mercantile Bank Ltd Dividend related ratios:
- Last dividend date: 23/04/2025
- Current Dividend Yield: 2.59%
- Annual dividend payment: ₹11.00
History of Tamilnad Mercantile Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 23/08/2025)?
Tamilnad Mercantile Bank Ltd current market price is ₹425.35 per share
What is the dividend declared by Tamilnad Mercantile Bank Ltd in the last year?
Tamilnad Mercantile Bank Ltd has declared dividend worth ₹11.00 in the last year.
What is the latest dividend declared by Tamilnad Mercantile Bank Ltd?
Tamilnad Mercantile Bank Ltd has declared dividend worth ₹11.00 in the latest quarter.
When was the latest dividend declared by Tamilnad Mercantile Bank Ltd?
Tamilnad Mercantile Bank Ltd has declared dividend on 23/04/2025 of ₹11.00.
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 ₹11.00 in the current financial year (FY2025-2026)
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 ₹10.00 in the previous financial year (FY2024-2025)