DCB Bank Limited Stock Dividends
DCBBANK.NS pays dividends yearly. Last paid amount was ₹1.25 at Jun 15, 2023. As of today, dividend yield (TTM) is 1.04%.
Dividend Yield Range
AI Analysis of DCBBANK.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.04% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹1.25 |
| Next Ex-Dividend Date | May 10, 2024 |
| Next Payment Date | Jul 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from DCBBANK the purchase should be done within the next 8 days.
Here's a simple guide on how to buy DCBBANK stock.
DCBBANK Dividend Payout History
To ensure a understanding of DCBBANK'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 | May 10, 2024 | May 10, 2024 | Jul 01, 2024 | ₹1.25 | 0.89% |
| 2 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | ₹1.25 | 1.04% |
| 3 | Jun 14, 2022 | Jun 14, 2022 | Jun 14, 2022 | ₹1.00 | 1.28% |
| 4 | Apr 18, 2019 | May 23, 2019 | Jul 01, 2019 | ₹1.00 | 0.423% |
| 5 | Apr 14, 2018 | May 24, 2018 | Jul 02, 2018 | ₹0.750 | 0.459% |
| 6 | Apr 14, 2017 | May 24, 2017 | Jul 01, 2017 | ₹0.500 | 0.252% |
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
DCBBANK Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from DCBBANK 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 DCBBANK stock here.
Comparing DCBBANK to Sector and Country
DCBBANK.NS pays a solid dividend yield of 1.04%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.187%). DCBBANK.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.
