Union Bank of India Dividend
Dividend criteria checks 4/6
Union Bank of India is a dividend paying company with a current yield of 1.95% that is well covered by earnings.
Key information
1.9%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹17.40 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Is Now The Time To Put Union Bank of India (NSE:UNIONBANK) On Your Watchlist?
Feb 24
Here's Why Union Bank of India (NSE:UNIONBANK) Has Caught The Eye Of Investors
Nov 10Should You Be Adding Union Bank of India (NSE:UNIONBANK) To Your Watchlist Today?
Jul 27Union Bank of India's (NSE:UNIONBANK) Shareholders Are Down 76% On Their Shares
Jan 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNIONBANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: UNIONBANK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Union Bank of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNIONBANK) | 1.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.0% |
| Analyst forecast in 3 Years (UNIONBANK) | 3.3% |
Notable Dividend: UNIONBANK's dividend (1.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: UNIONBANK's dividend (1.95%) is in the top 25% of dividend payers in the Indian market (1.18%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.1%), UNIONBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UNIONBANK's dividends in 3 years are forecast to be well covered by earnings (21.5% payout ratio).