DCB Bank Dividends and Buybacks
Dividend criteria checks 3/6
DCB Bank is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 23.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.250 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532772 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 532772's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| DCB Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532772) | 1.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (532772) (up to 3 years) | 2.2% |
Notable Dividend: 532772's dividend (1.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532772's dividend (1.1%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.3%), 532772's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532772's dividends in 3 years are forecast to be thoroughly covered by earnings (9.2% payout ratio).