KOTAKBANK
Kotak Mahindra Bank Ltd
₹1,743.55
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 ₹3,46,646.36Cr. Its share price is ₹1,743.55 as on 22 December,2024.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 0.11%.
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 ₹26,880.02Cr in the quarter ending September 2024. The revenue grew by 24.68% year on year basis since last quarter.
- Kotak Mahindra Bank Ltd’s profits were ₹5,044.05Cr in the quarter ending September 2024. The profits grew by 13.07% 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: 0.11%
- 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 |
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