DCB Bank Dividend
Dividend criteria checks 3/6
DCB Bank is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
7%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₹17.13 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
DCB Bank (NSE:DCBBANK) Is Increasing Its Dividend To ₹1.25
Jun 13
DCB Bank (NSE:DCBBANK) Has Announced That It Will Be Increasing Its Dividend To ₹1.25
May 30Recent updates
DCB Bank (NSE:DCBBANK) Is Increasing Its Dividend To ₹1.25
Jun 13DCB Bank (NSE:DCBBANK) Has Announced That It Will Be Increasing Its Dividend To ₹1.25
May 30How Does DCB Bank's (NSE:DCBBANK) CEO Pay Compare With Company Performance?
Feb 18
What Kind Of Investors Own Most Of DCB Bank Limited (NSE:DCBBANK)?
Jan 14The DCB Bank (NSE:DCBBANK) Share Price Has Gained 45% And Shareholders Are Hoping For More
Dec 17Have Insiders Sold DCB Bank Limited (NSE:DCBBANK) Shares Recently?
Dec 17What Did DCB Bank's (NSE:DCBBANK) CEO Take Home Last Year?
Nov 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DCBBANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DCBBANK's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| DCB Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DCBBANK) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.0% |
| Analyst forecast in 3 Years (DCBBANK) | 1.7% |
Notable Dividend: DCBBANK's dividend (0.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: DCBBANK's dividend (0.9%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.3%), DCBBANK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DCBBANK's dividends in 3 years are forecast to be thoroughly covered by earnings (8.3% payout ratio).