Canara Bank Dividend
Dividend criteria checks 5/6
Canara Bank is a dividend paying company with a current yield of 3.05% that is well covered by earnings.
Key information
3.1%
Dividend yield
19%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹3.220 |
Earnings per share | ₹17.21 |
Dividend yield forecast | 3.9% |
Recent dividend updates
Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's
Jun 14Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's
May 30Canara Bank (NSE:CANBK) Will Pay A Larger Dividend Than Last Year At ₹16.10
May 11Recent updates
Is Now The Time To Put Canara Bank (NSE:CANBK) On Your Watchlist?
Jul 19Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's
Jun 14Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's
May 30Canara Bank (NSE:CANBK) Will Pay A Larger Dividend Than Last Year At ₹16.10
May 11If EPS Growth Is Important To You, Canara Bank (NSE:CANBK) Presents An Opportunity
Feb 05If EPS Growth Is Important To You, Canara Bank (NSE:CANBK) Presents An Opportunity
Oct 23Here's Why Canara Bank (NSE:CANBK) Has Caught The Eye Of Investors
Jul 08Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
Jun 03Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
May 11Does Canara Bank (NSE:CANBK) Deserve A Spot On Your Watchlist?
Feb 06Should You Be Adding Canara Bank (NSE:CANBK) To Your Watchlist Today?
Aug 23Here's Why I Think Canara Bank (NSE:CANBK) Might Deserve Your Attention Today
May 09How Much Of Canara Bank (NSE:CANBK) Do Institutions Own?
Feb 06Canara Bank's(NSE:CANBK) Share Price Is Down 67% Over The Past Three Years.
Dec 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CANBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: CANBK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canara Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CANBK) | 3.1% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.0% |
Industry Average (Banks) | 1.2% |
Analyst forecast (CANBK) (up to 3 years) | 3.9% |
Notable Dividend: CANBK's dividend (3.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: CANBK's dividend (3.05%) is in the top 25% of dividend payers in the Indian market (1.04%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.1%), CANBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CANBK's dividends in 3 years are forecast to be well covered by earnings (16.5% payout ratio).