Indian Bank Stock Dividends
Indian Bank Stock Dividends Overview
INDIANB.NS pays dividends yearly. Last paid amount was ₹8.60 at Jun 12, 2023. As of today, dividend yield (TTM) is 4.43%.
Dividend Yield Range
AI Analysis of INDIANB.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.43% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹12.00 |
| Next Ex-Dividend Date | Jun 06, 2024 |
| Next Payment Date | Jul 11, 2024 |
INDIANB Dividend Payout History
To ensure a understanding of INDIANB'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 | Jun 07, 2024 | Jun 07, 2024 | Jul 15, 2024 | ₹12.00 | 2.20% |
| 2 | Jun 06, 2024 | Jun 06, 2024 | Jul 11, 2024 | ₹12.00 | 2.20% |
| 3 | Jun 12, 2023 | Jun 12, 2023 | Jun 12, 2023 | ₹8.60 | 3.09% |
| 4 | Jun 14, 2022 | Jun 14, 2022 | Jun 14, 2022 | ₹6.50 | 4.28% |
| 5 | Jul 08, 2021 | Jul 08, 2021 | Jul 08, 2021 | ₹2.00 | 1.47% |
| 6 | Jun 21, 2018 | Jun 21, 2018 | Jun 21, 2018 | ₹6.00 | 1.75% |
| 7 | Apr 25, 2017 | Jun 02, 2017 | Jul 07, 2017 | ₹6.00 | 2.01% |
| 8 | May 11, 2016 | Jun 23, 2016 | Jul 22, 2016 | ₹1.50 | 1.03% |
| 9 | May 14, 2015 | Jun 23, 2015 | Jul 22, 2015 | ₹4.20 | 3.15% |
| 10 | May 12, 2014 | Jun 23, 2014 | Jul 16, 2014 | ₹1.70 | 1.07% |
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
INDIANB Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from INDIANB 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 INDIANB stock here.
Comparing INDIANB to Sector and Country
INDIANB.NS pays a solid dividend yield of 4.43%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.270%). INDIANB.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 (4.81%), which means that there are more attractive dividend stocks to consider.
