INDIANB

Indian Bank

₹542.75

Indian Bank Dividend 2024 : Should Indian Bank be a part of your dividend portfolio?

Indian Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹73,012.18Cr. Its share price is ₹542.75 as on 27 March,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Bank gave ₹20.60 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 Indian Bank pays dividends to reward its shareholders.
In the quarter ending March 2024, Indian Bank has declared dividend of ₹12 - translating a dividend yield of 3.80%.

Let's look at Indian Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Indian Bank’s revenue were ₹18,167.54Cr in the quarter ending December 2024. The revenue grew by 11.35% year on year basis since last quarter.
Indian Bank’s profits were ₹2,909.73Cr in the quarter ending December 2024. The profits grew by 31.92% year on year basis since last quarter.
Indian Bank’s dividend was ₹12 in the quarter ending March 2024.

Indian Bank Dividend related ratios:

Last dividend date: 06/05/2024
Current Dividend Yield: 3.80%
Annual dividend payment: ₹20.60

History of Indian Bank's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
07/06/2024	CASH	₹12	06/05/2024	07/06/2024
12/06/2023	CASH	₹8.60	08/05/2023	12/06/2023
14/06/2022	CASH	₹6.50	11/05/2022	15/06/2022
08/07/2021	CASH	₹2	28/05/2021	09/07/2021
02/06/2017	CASH	₹6	25/04/2017	06/06/2017