IDBI
IDBI Bank Ltd
₹78.51
IDBI Bank Ltd Dividend 2024 : Should IDBI Bank Ltd be a part of your dividend portfolio?
IDBI Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹85,417.08Cr. Its share price is ₹78.51 as on 18 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, IDBI Bank Ltd gave ₹1.50 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 IDBI Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, IDBI Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.91%.
Let's look at IDBI Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IDBI Bank Ltd’s revenue were ₹8,812.79Cr in the quarter ending September 2024. The revenue grew by 24.76% year on year basis since last quarter.
- IDBI Bank Ltd’s profits were ₹1,860.80Cr in the quarter ending September 2024. The profits grew by 34.31% year on year basis since last quarter.
- IDBI Bank Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
IDBI Bank Ltd Dividend related ratios:
- Last dividend date: 04/05/2024
- Current Dividend Yield: 1.91%
- Annual dividend payment: ₹1.50
History of IDBI Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/07/2024 | CASH | ₹1.50 | 04/05/2024 | 16/07/2024 |
06/07/2023 | CASH | ₹1 | 29/04/2023 | 06/07/2023 |
04/08/2015 | CASH | ₹0.75 | 26/05/2015 | 06/08/2015 |
