South Indian Bank Dividends and Buybacks
Dividend criteria checks 4/6
South Indian Bank is a dividend paying company with a current yield of 1.34% that is well covered by earnings.
Key information
1.3%
Dividend yield
-19.6%
Buyback Yield
| Total Shareholder Yield | -18.3% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -13.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.300 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
South Indian Bank (NSE:SOUTHBANK) Has Announced A Dividend Of ₹0.30
Aug 03
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) | 1.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (SOUTHBANK) (up to 3 years) | 2.7% |
Notable Dividend: SOUTHBANK's dividend (1.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: SOUTHBANK's dividend (1.34%) is in the top 25% of dividend payers in the Indian market (1.15%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.9%), 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).