South Indian Bank Dividend
Dividend criteria checks 3/6
South Indian Bank is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
8%
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 | ₹4.09 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Here's Why South Indian Bank (NSE:SOUTHBANK) Has Caught The Eye Of Investors
Oct 24Here's Why South Indian Bank (NSE:SOUTHBANK) Has Caught The Eye Of Investors
Jun 02A Look At South Indian Bank's (NSE:SOUTHBANK) Share Price Returns
Jan 18South Indian Bank's (NSE:SOUTHBANK) Stock Price Has Reduced 79% In The Past Three Years
Oct 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOUTHBANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOUTHBANK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
South Indian Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SOUTHBANK) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.1% |
Analyst forecast in 3 Years (SOUTHBANK) | 2.0% |
Notable Dividend: SOUTHBANK's dividend (1.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: SOUTHBANK's dividend (1.08%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.1%), SOUTHBANK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SOUTHBANK's dividends in 3 years are forecast to be thoroughly covered by earnings (9.9% payout ratio).