RBL Bank Dividend
Dividend criteria checks 3/6
RBL Bank is a dividend paying company with a current yield of 0.56% that is well covered by earnings.
Key information
0.6%
Dividend yield
10%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹20.80 |
Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540065 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540065 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
RBL Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (540065) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.0% |
Analyst forecast in 3 Years (540065) | 1.5% |
Notable Dividend: 540065's dividend (0.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 540065's dividend (0.56%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), 540065's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 540065's dividends in 3 years are forecast to be thoroughly covered by earnings (9% payout ratio).