UCOBANK
UCO Bank
₹41.27
UCO Bank Dividend 2024 : Should UCO Bank be a part of your dividend portfolio?
UCO Bank is one of the most popular Financial Services company in the world with a market capitalisation of ₹49,378.11Cr. Its share price is ₹41.27 as on 16 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, UCO Bank gave ₹0.28 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 UCO Bank pays dividends to reward its shareholders.
- In the quarter ending March 2024, UCO Bank has declared dividend of ₹0.28 - translating a dividend yield of 0.68%.
Let's look at UCO Bank’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- UCO Bank’s revenue were ₹7,071.43Cr in the quarter ending September 2024. The revenue grew by 20.56% year on year basis since last quarter.
- UCO Bank’s profits were ₹606.80Cr in the quarter ending September 2024. The profits grew by 50.37% year on year basis since last quarter.
- UCO Bank’s dividend was ₹0.28 in the quarter ending March 2024.
UCO Bank Dividend related ratios:
- Last dividend date: 29/04/2024
- Current Dividend Yield: 0.68%
- Annual dividend payment: ₹0.28
History of UCO Bank's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/05/2024 | CASH | ₹0.28 | 29/04/2024 | 10/05/2024 |
23/06/2015 | CASH | ₹2 | 12/05/2015 | 25/06/2015 |
