J&KBANK
Jammu and Kashmir Bank Ltd
₹95.86
Jammu and Kashmir Bank Ltd Dividend 2024 : Should Jammu and Kashmir Bank Ltd be a part of your dividend portfolio?
Jammu and Kashmir Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹10,571.35Cr. Its share price is ₹95.86 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jammu and Kashmir Bank Ltd gave ₹2.65 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 Jammu and Kashmir Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Jammu and Kashmir Bank Ltd has declared dividend of ₹2.15 - translating a dividend yield of 2.76%.
Let's look at Jammu and Kashmir Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Jammu and Kashmir Bank Ltd’s revenue were ₹3,424.30Cr in the quarter ending September 2024. The revenue grew by 15.79% year on year basis since last quarter.
- Jammu and Kashmir Bank Ltd’s profits were ₹552.78Cr in the quarter ending September 2024. The profits grew by 44.04% year on year basis since last quarter.
- Jammu and Kashmir Bank Ltd’s dividend was ₹2.15 in the quarter ending March 2024.
Jammu and Kashmir Bank Ltd Dividend related ratios:
- Last dividend date: 04/05/2024
- Current Dividend Yield: 2.76%
- Annual dividend payment: ₹2.65
History of Jammu and Kashmir Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/08/2024 | CASH | ₹2.15 | 04/05/2024 | 11/08/2024 |
17/08/2023 | CASH | ₹0.50 | 05/05/2023 | 17/08/2023 |
11/07/2016 | CASH | ₹1.75 | 24/05/2016 | 13/07/2016 |
13/08/2015 | CASH | ₹2.10 | 16/05/2015 | 17/08/2015 |
