Union Bank of India Dividend
Dividend criteria checks 4/6
Union Bank of India is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
19%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹18.07 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532477's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532477's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Union Bank of India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (532477) | 2.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.2% |
Analyst forecast in 3 Years (532477) | 3.1% |
Notable Dividend: 532477's dividend (2.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: 532477's dividend (2.3%) is in the top 25% of dividend payers in the Indian market (1.22%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 532477's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532477's dividends in 3 years are forecast to be well covered by earnings (20.3% payout ratio).