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Canara Bank Stock Dividends Overview

CANBK.NS pays dividends yearly. Last paid amount was ₹12.00 at Jun 14, 2023. As of today, dividend yield (TTM) is 0%.

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.
AI Analysis of CANBK.NS
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹12.00
Canara Bank has not yet announced its next dividend date. Last payment date was: Jun 14, 2023.

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, 2023 Jun 14, 2023 Jun 14, 2023 ₹12.00 3.94%
2 Jun 15, 2022 Jun 15, 2022 Jun 15, 2022 ₹6.50 3.45%
3 May 08, 2017 Jul 12, 2017 Aug 16, 2017 ₹1.00 0.297%
4 May 25, 2015 Jun 25, 2015 Aug 13, 2015 ₹10.21 3.64%
5 May 05, 2014 Jul 03, 2014 Aug 20, 2014 ₹4.38 1.19%
6 Jan 10, 2014 Jan 24, 2014 Jan 31, 2014 ₹6.32 2.94%
7 May 02, 2013 Jul 04, 2013 Aug 21, 2013 ₹12.64 6.30%
8 May 10, 2012 Jun 14, 2012 Jul 27, 2012 ₹10.70 3.16%
9 May 05, 2011 Jul 06, 2011 Aug 17, 2011 ₹10.70 2.54%
10 Apr 28, 2010 Jun 14, 2010 Aug 18, 2010 ₹9.73 1.90%

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 (50.00%)

Growth potential

Decrease likely (58.42%)

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.

Comparing CANBK to Sector and Country

CANBK.NS pays a solid dividend yield of 0%, which is lower than the average of the bottom 25% of dividend payers in the IN market (0.187%). CANBK.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 (4.20%), which means that there are more attractive dividend stocks to consider.

FAQ

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

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

How often does CANBK.NS pay dividend?
Canara Bank (CANBK.NS) pays dividends yearly. The most recent payout was on Jun 14, 2023.

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

What is CANBK.NS 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 22.67%. Furthermore, examining the past 5 years, Canara Bank has maintained an average Dividends Per Share Growth Rate of 13.05%.
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About Canara Bank

Canara Bank Canara Bank provides various banking products and services in India and internationally. It offers personal banking services, such as savings and deposits comprising savings accounts, current accounts, recurring deposits, fixed deposits, unclaimed deposits, deposit schemes for senior citizens, and re-investment plans; loan products, including housing, home improvement, vehicle, site, rent, teachers, gold, mortgage, housing-cum-solar, consumer, ed... CANBK.NS Profile

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