UNIONBANK
Union Bank of India
₹117.08
Union Bank of India Dividend 2024 : Should Union Bank of India be a part of your dividend portfolio?
Union Bank of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹87,710.13Cr. Its share price is ₹117.08 as on 20 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Union Bank of India gave ₹3.60 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 Union Bank of India pays dividends to reward its shareholders.
- In the quarter ending March 2024, Union Bank of India has declared dividend of ₹3.60 - translating a dividend yield of 3.07%.
Let's look at Union Bank of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Union Bank of India’s revenue were ₹31,749.18Cr in the quarter ending December 2024. The revenue grew by 6.53% year on year basis since last quarter.
- Union Bank of India’s profits were ₹4,623.03Cr in the quarter ending December 2024. The profits grew by 27.52% year on year basis since last quarter.
- Union Bank of India’s dividend was ₹3.60 in the quarter ending March 2024.
Union Bank of India Dividend related ratios:
- Last dividend date: 10/05/2024
- Current Dividend Yield: 3.07%
- Annual dividend payment: ₹3.60
History of Union Bank of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/07/2024 | CASH | ₹3.60 | 10/05/2024 | 20/07/2024 |
28/07/2023 | CASH | ₹3 | 06/05/2023 | 29/07/2023 |
22/06/2022 | CASH | ₹1.90 | 13/05/2022 | 24/06/2022 |
17/06/2016 | CASH | ₹1.95 | 13/05/2016 | 21/06/2016 |
18/06/2015 | CASH | ₹6 | 12/05/2015 | 20/06/2015 |
Union Bank of India Dividend v/s Union Bank of India Share price
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FAQs
What is current market price of Union Bank of India (as on 20/02/2025)?
Union Bank of India current market price is ₹117.08 per share
What is the dividend declared by Union Bank of India in the last year?
Union Bank of India has declared dividend worth ₹3.60 in the last year.
What is the latest dividend declared by Union Bank of India?
Union Bank of India has declared dividend worth ₹3.60 in the latest quarter.
When was the latest dividend declared by Union Bank of India?
Union Bank of India has declared dividend on 10/05/2024 of ₹3.60.
How many times did Union Bank of India declare dividend in the current financial year?
Union Bank of India has declared dividend 1 times of ₹3.60 in the current financial year (FY2024-2025)
How many times did Union Bank of India declare dividend in the previous financial year?
Union Bank of India has declared dividend 1 times of ₹3 in the previous financial year (FY2023-2024)