South Indian Bank Dividend
Dividend criteria checks 4/6
South Indian Bank is a dividend paying company with a current yield of 1.18% that is well covered by earnings.
Key information
1.2%
Dividend yield
6%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹0.300 |
Earnings per share | ₹4.44 |
Dividend yield forecast | 2.0% |
Recent dividend updates
Recent updates
South Indian Bank (NSE:SOUTHBANK) Has Announced A Dividend Of ₹0.30
Aug 03Here'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 |
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Segment | Dividend Yield |
---|---|
Company (SOUTHBANK) | 1.2% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.1% |
Industry Average (Banks) | 1.2% |
Analyst forecast (SOUTHBANK) (up to 3 years) | 2.0% |
Notable Dividend: SOUTHBANK's dividend (1.18%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: SOUTHBANK's dividend (1.18%) is in the top 25% of dividend payers in the Indian market (1.06%)
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 (10.2% payout ratio).