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Canara Bank Stock Dividends Overview

CANBK.BO pays dividends yearly. Last paid amount was ₹12.00 at Jul 28, 2023. As of today, dividend yield (TTM) is 13.64%.

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) 13.64%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹16.10
Next Ex-Dividend Date Jun 14, 2024
Next Payment Date Jul 28, 2024

CANBK Dividend Payout History

To ensure a understanding of CANBK'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 Jun 14, 2024 Jun 14, 2024 Jul 28, 2024 ₹16.10 13.57%
2 Jun 14, 2023 Jun 14, 2023 Jul 28, 2023 ₹12.00 17.51%
3 Jun 25, 2015 Jun 25, 2015 Jun 25, 2015 ₹10.50 18.88%
4 Jul 03, 2014 Jul 03, 2014 Jul 03, 2014 ₹4.50 5.31%
5 Jan 24, 2014 Jan 24, 2014 Jan 24, 2014 ₹6.50 13.86%
6 Jul 04, 2013 Jul 04, 2013 Jul 04, 2013 ₹13.00 19.83%
7 Jun 14, 2012 Jun 14, 2012 Jun 14, 2012 ₹11.00 14.07%
8 Jul 06, 2011 Jul 06, 2011 Jul 06, 2011 ₹11.00 11.04%
9 Jun 14, 2010 Jun 14, 2010 Jun 14, 2010 ₹10.00 12.32%
10 Jul 08, 2009 Jul 08, 2009 Jul 08, 2009 ₹8.00 17.72%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

average (36.99%)

Growth potential

Stable (8.98%)

CANBK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CANBK 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 CANBK stock here.

FAQ

What factors can affect the amount of CANBK.BO's dividend payments?
The amount of CANBK.BO'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 CANBK.BO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CANBK.BO stock be automatically reinvested?
If CANBK.BO 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 CANBK.BO stock.

How often does CANBK.BO pay dividend?
Canara Bank (CANBK.BO) pays dividends yearly. The most recent payout was on Jul 28, 2023. The upcoming dividend Ex Date is Jun 14, 2024, with an amount of ₹16.10.

How much does CANBK.BO pays per share?
The last recorder (Jun 14, 2023) dividend per share was ₹12.00.

What is CANBK.BO dividend growth rate?
Over the last year, Canara Bank has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 10.29%. Furthermore, examining the past 5 years, Canara Bank has maintained an average Dividends Per Share Growth Rate of 6.05%.
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