Axis Bank Dividend
Dividend criteria checks 0/6
Axis Bank is a dividend paying company with a current yield of 0.089%.
Key information
0.09%
Dividend yield
1%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$85.47 |
Dividend yield forecast in 3Y | 0.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AXB is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: AXB is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
Axis Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AXB) | 0.09% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.9% |
Industry Average (Banks) | 6.5% |
Analyst forecast in 3 Years (AXB) | 0.2% |
Notable Dividend: AXB's dividend (0.089%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: AXB's dividend (0.089%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Current Payout to Shareholders
Earnings Coverage: AXB is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXB's dividend in 3 years as they are not forecast to pay a notable one for the UK market.