IDBI Bank Dividend
Dividend criteria checks 2/6
IDBI Bank is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
29%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹5.38 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IDBI's dividend payments have been volatile in the past 10 years.
Growing Dividend: IDBI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
IDBI Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (IDBI) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.1% |
Analyst forecast in 3 Years (IDBI) | n/a |
Notable Dividend: IDBI's dividend (1.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: IDBI's dividend (1.13%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), IDBI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.