Indian Bank Dividend
Dividend criteria checks 5/6
Indian Bank is a dividend paying company with a current yield of 2.23% that is well covered by earnings.
Key information
2.2%
Dividend yield
18%
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 | ₹62.51 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Indian 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 09Indian Bank's (NSE:INDIANB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Recent updates
We 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 02Indian Bank's(NSE:INDIANB) Share Price Is Down 79% Over The Past Three Years.
Dec 22Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (INDIANB) | 2.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Banks) | 1.1% |
Analyst forecast in 3 Years (INDIANB) | 3.2% |
Notable Dividend: INDIANB's dividend (2.23%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: INDIANB's dividend (2.23%) is in the top 25% of dividend payers in the Indian market (1.11%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 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 (20.1% payout ratio).