Indian Bank Dividend
Dividend criteria checks 5/6
Indian Bank is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
19%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹56.75 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Indian Bank's (NSE:INDIANB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28
Indian Bank's (NSE:INDIANB) Upcoming Dividend Will Be Larger Than Last Year's
May 12Recent updates
We 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 02Indian Bank's(NSE:INDIANB) Share Price Is Down 79% Over The Past Three Years.
Dec 22Indian Bank's (NSE:INDIANB) Shareholders Are Down 78% On Their Shares
Sep 08
Stability 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) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.0% |
| Analyst forecast in 3 Years (INDIANB) | 2.4% |
Notable Dividend: INDIANB's dividend (1.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: INDIANB's dividend (1.56%) is in the top 25% of dividend payers in the Indian market (1.18%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.2%), 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 (17.9% payout ratio).