Axis Bank Limited Stock Dividends
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
AI Analysis of AXISBANK.NS
| Dividend Analysis | Generate |
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 20 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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 12, 2024 | Jul 12, 2024 | Aug 01, 2024 | ₹1.00 | 0.0808% |
| 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
Growth potential
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 (0.257%). 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 (4.74%), which means that there are more attractive dividend stocks to consider.
