BANKINDIA
Bank of India
₹101.52
Bank of India Dividend 2024 : Should Bank of India be a part of your dividend portfolio?
Bank of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹47,598.14Cr. Its share price is ₹101.52 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bank of India gave ₹2.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Bank of India pays dividends to reward its shareholders.
- In the quarter ending March 2024, Bank of India has declared dividend of ₹2.80 - translating a dividend yield of 2.76%.
Let's look at Bank of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Bank of India’s revenue were ₹19,997.56Cr in the quarter ending September 2024. The revenue grew by 19.18% year on year basis since last quarter.
- Bank of India’s profits were ₹2,421.29Cr in the quarter ending September 2024. The profits grew by 61.58% year on year basis since last quarter.
- Bank of India’s dividend was ₹2.80 in the quarter ending March 2024.
Bank of India Dividend related ratios:
- Last dividend date: 10/05/2024
- Current Dividend Yield: 2.76%
- Annual dividend payment: ₹2.80
History of Bank of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/06/2024 | CASH | ₹2.80 | 10/05/2024 | 18/06/2024 |
20/06/2023 | CASH | ₹2 | 06/05/2023 | 20/06/2023 |
07/07/2022 | CASH | ₹2 | 24/05/2022 | 08/07/2022 |
10/07/2015 | CASH | ₹5 | 28/05/2015 | 14/07/2015 |
