RBL Bank Dividends and Buybacks
Dividend criteria checks 3/6
RBL Bank is a dividend paying company with a current yield of 0.95% that is well covered by earnings.
Key information
0.9%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | -0.008% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RBLBANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RBLBANK has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| RBL Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RBLBANK) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (RBLBANK) (up to 3 years) | 3.3% |
Notable Dividend: RBLBANK's dividend (0.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: RBLBANK's dividend (0.95%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.2%), RBLBANK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RBLBANK's dividends in 3 years are forecast to be thoroughly covered by earnings (13% payout ratio).