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UNIONBANK

Union Bank of India

₹118.86

Union Bank of India Dividend 2024 : Should Union Bank of India be a part of your dividend portfolio?

Union Bank of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹90,801.74Cr. Its share price is ₹118.86 as on 5 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Union Bank of India gave ₹3.60 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 Union Bank of India pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Union Bank of India has declared dividend of ₹3.60 - translating a dividend yield of 3.03%.

Let's look at Union Bank of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Union Bank of India’s revenue were ₹31,325.47Cr in the quarter ending June 2024. The revenue grew by 12.59% year on year basis since last quarter.
  • Union Bank of India’s profits were ₹3,641.78Cr in the quarter ending June 2024. The profits grew by 11.31% year on year basis since last quarter.
  • Union Bank of India’s dividend was ₹3.60 in the quarter ending March 2024.

Union Bank of India Dividend related ratios:

  • Last dividend date: 10/05/2024
  • Current Dividend Yield: 3.03%
  • Annual dividend payment: ₹3.60

History of Union Bank of India's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
19/07/2024
CASH
₹3.60
10/05/2024
20/07/2024
28/07/2023
CASH
₹3
06/05/2023
29/07/2023
22/06/2022
CASH
₹1.90
13/05/2022
24/06/2022
17/06/2016
CASH
₹1.95
13/05/2016
21/06/2016
18/06/2015
CASH
₹6
12/05/2015
20/06/2015

Union Bank of India Dividend v/s Union Bank of India Share price

FAQs

Union Bank of India current market price is ₹118.86 per share

Union Bank of India has declared dividend worth ₹3.60 in the last year.

Union Bank of India has declared dividend worth ₹3.60 in the latest quarter.

Union Bank of India has declared dividend on 10/05/2024 of ₹3.60.

Union Bank of India has declared dividend 1 times of ₹3.60 in the current financial year (FY2024-2025)

Union Bank of India has declared dividend 1 times of ₹3 in the previous financial year (FY2023-2024)