Bank of Baroda Limited provides various banking products and services to individuals, government departments, and corporate customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers savings and current accounts; term, fixed and recurring deposits; and NRI deposit products. The company also provides loans, such as home, education, vehicle, gold, mudra, personal, and mortgage loans, as well as loans against securities and public issues/IPO; professional, composite, bridge, FCNR, and short and medium-term corporate loans, as well as loans for micro, small, and medium enterprises; working capital finance, term finance, commercial vehicle finance, export finance, advances against shares, bill finance, lines of credit, loans against rent receivables, project finance, infrastructure finance, supply chain finance, loans for the takeover of accounts, foreign currency credit, and non-fund based services; and debit, prepaid, and credit cards. In addition, it offers loans and advances, and pensions and government schemes to customers; life insurance, general insurance, and health insurance products, as well as mutual funds; appraisal merchant banking, cash management, remittance, collection, e-stamping, ECS, hedging, FX retail, correspondent banking, treasury, investment, lockers, and capital market services; and ATM, mobile banking, internet banking, cash recycler, and e-lobby services. Bank of Baroda Limited was incorporated in 1908 and is headquartered in Vadodara, India.
Bank of Baroda Dividend Announcement
• Bank of Baroda announced a annually dividend of ₹7.60 per ordinary share which will be made payable on 2024-08-04. Ex dividend date: 2024-06-28
• Bank of Baroda annual dividend for 2024 was ₹7.60
• Bank of Baroda annual dividend for 2023 was ₹5.50
• Bank of Baroda's trailing twelve-month (TTM) dividend yield is 2.95%
Bank of Baroda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ₹7.60 | annually | 2024-08-04 |
2023-06-30 | ₹5.50 | annually | 2023-08-06 |
2022-06-17 | ₹2.85 | annually | 2022-07-27 |
2017-06-22 | ₹1.20 | annually | 2017-07-30 |
2015-06-16 | ₹3.20 | annually | |
2014-06-12 | ₹52.50 | annually | |
2014-01-20 | ₹55.00 | annually | |
2013-06-13 | ₹107.50 | annually | |
2012-06-14 | ₹85.00 | annually | |
2011-06-23 | ₹82.50 | annually | |
2010-06-24 | ₹75.00 | annually | |
2009-06-18 | ₹45.00 | annually | |
2008-07-17 | ₹40.00 | annually |
Bank of Baroda Dividend per year
Bank of Baroda Dividend growth
Bank of Baroda Dividend Yield
Bank of Baroda current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing Bank of Baroda stock? Use our calculator to estimate your expected dividend yield:
Bank of Baroda Financial Ratios
Bank of Baroda Dividend FAQ
Other factors to consider when evaluating Bank of Baroda as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Bank of Baroda's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of Baroda publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of Baroda distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of Baroda are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Bank of Baroda sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of Baroda distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Baroda declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Bank of Baroda's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of Baroda's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.