Indian Bank Dividends and Buybacks
Dividend criteria checks 5/6
Indian Bank is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
-5.6%
Buyback Yield
| Total Shareholder Yield | -3.3% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹12.000 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Indian Bank (NSE:INDIANB) Is Paying Out A Larger Dividend Than Last Year
May 23
Indian Bank (NSE:INDIANB) Is Increasing Its Dividend To ₹12.00
May 09Indian Bank's (NSE:INDIANB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Recent updates
If EPS Growth Is Important To You, Indian Bank (NSE:INDIANB) Presents An Opportunity
Sep 22We Take A Look At Why Indian Bank's (NSE:INDIANB) CEO Has Earned Their Pay Packet
Jun 09Indian Bank (NSE:INDIANB) Is Paying Out A Larger Dividend Than Last Year
May 23Indian Bank (NSE:INDIANB) Is Increasing Its Dividend To ₹12.00
May 09We Ran A Stock Scan For Earnings Growth And Indian Bank (NSE:INDIANB) Passed With Ease
Jan 24We Ran A Stock Scan For Earnings Growth And Indian Bank (NSE:INDIANB) Passed With Ease
Sep 12Indian Bank's (NSE:INDIANB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Indian Bank's (NSE:INDIANB) Upcoming Dividend Will Be Larger Than Last Year's
May 12If EPS Growth Is Important To You, Indian Bank (NSE:INDIANB) Presents An Opportunity
May 10Should You Be Adding Indian Bank (NSE:INDIANB) To Your Watchlist Today?
Jun 27Here's Why I Think Indian Bank (NSE:INDIANB) Is An Interesting Stock
Jun 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INDIANB's dividend payments have been volatile in the past 10 years.
Growing Dividend: INDIANB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Indian Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDIANB) | 2.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (INDIANB) (up to 3 years) | 3.1% |
Notable Dividend: INDIANB's dividend (2.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: INDIANB's dividend (2.26%) is in the top 25% of dividend payers in the Indian market (1.17%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.1%), INDIANB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: INDIANB's dividends in 3 years are forecast to be well covered by earnings (18.7% payout ratio).