Karur Vysya Bank Dividends and Buybacks
Dividend criteria checks 4/6
Karur Vysya Bank is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.400 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 590003's dividend payments have been volatile in the past 10 years.
Growing Dividend: 590003's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Karur Vysya Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (590003) | 1.0% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (590003) (up to 3 years) | 1.7% |
Notable Dividend: 590003's dividend (1.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 590003's dividend (1.01%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), 590003's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 590003's dividends in 3 years are forecast to be thoroughly covered by earnings (13.1% payout ratio).