CENTRALBK
Central Bank of India
₹51.51
Central Bank of India Dividend 2024 : Should Central Bank of India be a part of your dividend portfolio?
Central Bank of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹45,661.74Cr. Its share price is ₹51.51 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Central Bank of India gave ₹0.50 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 Central Bank of India pays dividends to reward its shareholders.
- In the quarter ending March 2015, Central Bank of India has declared dividend of ₹0.50 - translating a dividend yield of 0.97%.
Let's look at Central Bank of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Central Bank of India’s revenue were ₹9,884.28Cr in the quarter ending September 2024. The revenue grew by 17.13% year on year basis since last quarter.
- Central Bank of India’s profits were ₹923.83Cr in the quarter ending September 2024. The profits grew by 48.54% year on year basis since last quarter.
- Central Bank of India’s dividend was ₹0.50 in the quarter ending March 2015.
Central Bank of India Dividend related ratios:
- Last dividend date: 12/05/2015
- Current Dividend Yield: 0.97%
- Annual dividend payment: ₹0.50
History of Central Bank of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/06/2015 | CASH | ₹0.50 | 12/05/2015 | 25/06/2015 |
