SOUTHBANK
South Indian Bank Ltd
₹25.01
South Indian Bank Ltd Dividend 2024 : Should South Indian Bank Ltd be a part of your dividend portfolio?
South Indian Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹6,561.64Cr. Its share price is ₹25.01 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, South Indian Bank Ltd gave ₹0.60 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 South Indian Bank Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, South Indian Bank Ltd has declared dividend of ₹0.30 - translating a dividend yield of 2.40%.
Let's look at South Indian Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- South Indian Bank Ltd’s revenue were ₹2,804.07Cr in the quarter ending September 2024. The revenue grew by 12.86% year on year basis since last quarter.
- South Indian Bank Ltd’s profits were ₹324.79Cr in the quarter ending September 2024. The profits grew by 18.15% year on year basis since last quarter.
- South Indian Bank Ltd’s dividend was ₹0.30 in the quarter ending March 2024.
South Indian Bank Ltd Dividend related ratios:
- Last dividend date: 02/05/2024
- Current Dividend Yield: 2.40%
- Annual dividend payment: ₹0.60
History of South Indian Bank Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/08/2024 | CASH | ₹0.30 | 02/05/2024 | 20/08/2024 |
17/08/2023 | CASH | ₹0.30 | 11/05/2023 | 17/08/2023 |
09/07/2019 | CASH | ₹0.25 | 09/05/2019 | 11/07/2019 |
03/07/2018 | CASH | ₹0.40 | 12/05/2018 | 05/07/2018 |
03/07/2017 | CASH | ₹0.40 | 15/05/2017 | 05/07/2017 |
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