SOUTHBANK

South Indian Bank Ltd

₹23.91

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 ₹6,252.94Cr. Its share price is ₹23.91 as on 19 February,2025.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 2.51%.

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 ₹2,817.84Cr in the quarter ending December 2024. The revenue grew by 6.89% year on year basis since last quarter.
South Indian Bank Ltd’s profits were ₹342Cr in the quarter ending December 2024. The profits grew by 11.99% 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: 2.51%
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