IndusInd Bank Limited Stock Dividends
IndusInd Bank Limited Stock Dividends Overview
INDUSINDBK.NS pays dividends yearly. Last paid amount was ₹14.00 at Jun 02, 2023. As of today, dividend yield (TTM) is 1.09%.
Dividend Yield Range
AI Analysis of INDUSINDBK.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.09% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹14.00 |
| Next Ex-Dividend Date | Jun 28, 2024 |
| Next Payment Date | Jun 28, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from INDUSINDBK the purchase should be done within the next 25 days.
Here's a simple guide on how to buy INDUSINDBK stock.
INDUSINDBK Dividend Payout History
To ensure a understanding of INDUSINDBK'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 28, 2024 | Jun 28, 2024 | Jun 28, 2024 | ₹16.50 | 1.13% |
| 2 | Jun 02, 2023 | Jun 02, 2023 | Jun 02, 2023 | ₹14.00 | 1.09% |
| 3 | Aug 11, 2022 | Aug 11, 2022 | Aug 11, 2022 | ₹8.50 | 0.788% |
| 4 | Aug 17, 2021 | Aug 17, 2021 | Aug 17, 2021 | ₹5.00 | 0.500% |
| 5 | May 22, 2019 | Aug 08, 2019 | Aug 21, 2019 | ₹7.50 | 0.549% |
| 6 | Apr 19, 2018 | Jul 18, 2018 | Jul 31, 2018 | ₹7.50 | 0.376% |
| 7 | Jun 13, 2018 | Jun 13, 2018 | Jun 13, 2018 | ₹7.50 | 0.386% |
| 8 | Apr 19, 2017 | Jul 18, 2017 | Aug 25, 2017 | ₹6.00 | 0.360% |
| 9 | Apr 21, 2016 | Jun 23, 2016 | Aug 01, 2016 | ₹4.50 | 0.375% |
| 10 | Apr 16, 2015 | Aug 07, 2015 | Sep 16, 2015 | ₹4.00 | 0.445% |
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
INDUSINDBK Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from INDUSINDBK 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 INDUSINDBK stock here.
Comparing INDUSINDBK to Sector and Country
INDUSINDBK.NS pays a solid dividend yield of 1.09%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.187%). INDUSINDBK.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 (4.70%), which means that there are more attractive dividend stocks to consider.
