Utkarsh Small Finance Bank Dividend
Dividend criteria checks 2/6
Utkarsh Small Finance Bank is a dividend paying company with a current yield of 0.94% that is well covered by earnings.
Key information
0.9%
Dividend yield
10%
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 | ₹4.52 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UTKARSHBNK's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UTKARSHBNK's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Utkarsh Small Finance Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (UTKARSHBNK) | 0.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.1% |
Analyst forecast in 3 Years (UTKARSHBNK) | n/a |
Notable Dividend: UTKARSHBNK's dividend (0.94%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: UTKARSHBNK's dividend (0.94%) is low compared to the top 25% of dividend payers in the Indian market (1.23%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.4%), UTKARSHBNK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.