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Axis Bank Limited Stock Dividends Overview

AXISBANK.NS pays dividends yearly. Last paid amount was ₹1.00 at Jul 07, 2023. As of today, dividend yield (TTM) is 0.204%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.204%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹1.00
Next Ex-Dividend Date Jul 12, 2024
Next Payment Date Aug 01, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from AXISBANK the purchase should be done within the next 26 days.
Here's a simple guide on how to buy AXISBANK stock.

AXISBANK Dividend Payout History

To ensure a understanding of AXISBANK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 12, 2024 Jul 12, 2024 Aug 01, 2024 ₹1.00 0.0847%
2 Jul 07, 2023 Jul 07, 2023 Jul 07, 2023 ₹1.00 0.102%
3 Jul 06, 2023 Jul 06, 2023 Jul 06, 2023 ₹1.00 0.102%
4 Jul 07, 2022 Jul 07, 2022 Jul 07, 2022 ₹1.00 0.152%
5 Apr 25, 2019 Jul 04, 2019 Jul 22, 2019 ₹1.00 0.137%
6 Apr 26, 2017 Jul 06, 2017 Aug 25, 2017 ₹5.00 0.99%
7 Apr 26, 2016 Jul 07, 2016 Aug 22, 2016 ₹5.00 0.86%
8 Apr 29, 2015 Jul 09, 2015 Aug 06, 2015 ₹4.60 0.787%
9 Apr 25, 2014 Jun 12, 2014 Jul 08, 2014 ₹4.00 1.06%
10 Apr 25, 2013 Jul 05, 2013 Jul 20, 2013 ₹3.60 1.51%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (5.85%)

Growth potential

No dividend expected

AXISBANK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from AXISBANK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in AXISBANK stock here.

Comparing AXISBANK to Sector and Country

AXISBANK.NS pays a solid dividend yield of 0.204%, which is lower than the average of the bottom 25% of dividend payers in the IN market (0.262%). AXISBANK.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the IN market (4.90%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of AXISBANK.NS's dividend payments?
The amount of AXISBANK.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in AXISBANK.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from AXISBANK.NS stock be automatically reinvested?
If AXISBANK.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy AXISBANK.NS stock.

How often does AXISBANK.NS pay dividend?
Axis Bank Limited (AXISBANK.NS) pays dividends yearly. The most recent payout was on Jul 07, 2023. The upcoming dividend Ex Date is Jul 12, 2024, with an amount of ₹1.00.

How much does AXISBANK.NS pays per share?
The last recorder (Jul 07, 2023) dividend per share was ₹1.00.

What is AXISBANK.NS dividend growth rate?
Over the last year, Axis Bank Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Axis Bank Limited has maintained an average Dividends Per Share Growth Rate of 0%.
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About Axis Bank Limited

Axis Bank Limited Axis Bank Limited provides corporate and retail banking products and services in India and internationally. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The company offers savings, salary, and current accounts, as well as fixed, recurring, tax saver fixed, and auto fixed deposits. It also provides home, personal, holiday, car, business, gold, two-wheeler, working capital, 24... AXISBANK.NS Profile

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