UNIONBANK
Union Bank of India
₹116.78
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 ₹89,007.84Cr. Its share price is ₹116.78 as on 21 December,2024.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 3.08%.
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 ₹32,812.12Cr in the quarter ending September 2024. The revenue grew by 13.33% year on year basis since last quarter.
- Union Bank of India’s profits were ₹4,750.93Cr in the quarter ending September 2024. The profits grew by 33.01% 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: 3.08%
- 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 |
