Axis Bank is a dividend paying company with a current yield of 0.088%.
Key information
0.09%
Dividend yield
1%
Payout ratio
Industry average yield
1.1%
Next dividend pay date
n/a
Ex dividend date
12 Jul 24
Dividend per share
n/a
Earnings per share
₹85.46
Dividend yield forecast in 3Y
0.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532215 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 532215 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
Axis Bank Dividend Yield vs Market
How does 532215 dividend yield compare to the market?
Segment
Dividend Yield
Company (532215)
0.09%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.2%
Industry Average (Banks)
1.1%
Analyst forecast in 3 Years (532215)
0.2%
Notable Dividend: 532215's dividend (0.088%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532215's dividend (0.088%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Current Payout to Shareholders
Earnings Coverage: 532215 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532215's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.