KOTAKBANK

Kotak Mahindra Bank Ltd

₹1,970.55

Kotak Mahindra Bank Ltd Dividend 2024 : Should Kotak Mahindra Bank Ltd be a part of your dividend portfolio?

Kotak Mahindra Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹3,91,762.93Cr. Its share price is ₹1,970.55 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Kotak Mahindra Bank Ltd gave ₹2 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 Kotak Mahindra Bank Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Kotak Mahindra Bank Ltd has declared dividend of ₹2 - translating a dividend yield of 0.10%.

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

Kotak Mahindra Bank Ltd’s revenue were ₹23,945.79Cr in the quarter ending December 2024. The revenuefell by -0.57% year on year basis since last quarter.
Kotak Mahindra Bank Ltd’s profits were ₹4,701.02Cr in the quarter ending December 2024. The profits grew by 10.23% year on year basis since last quarter.
Kotak Mahindra Bank Ltd’s dividend was ₹2 in the quarter ending March 2024.

Kotak Mahindra Bank Ltd Dividend related ratios:

Last dividend date: 04/05/2024
Current Dividend Yield: 0.10%
Annual dividend payment: ₹2

History of Kotak Mahindra Bank Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
19/07/2024	CASH	₹2	04/05/2024	19/07/2024
04/08/2023	CASH	₹1.50	29/04/2023	04/08/2023
11/08/2022	CASH	₹1.10	04/05/2022	12/08/2022
11/08/2021	CASH	₹0.90	03/05/2021	12/08/2021
12/07/2019	CASH	₹0.80	30/04/2019	16/07/2019