Dhanlaxmi Bank Limited provides various banking and financial services in India. It operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business Operations segments. The company offers deposit products, such as savings and current accounts, and term deposits; loans, including property, car, commercial, personal, education, and business loans, as well as loans against securities; and foreign exchange services comprising foreign currency cash, cheque deposits, foreign currency demand drafts, and remittances. It also provides export and import services; credit products comprising industrial and trade advance, import export assistance, and agricultural assistance; corporate salary accounts; and cash management services, as well as life, health, and car insurance products. In addition, the company offers non-resident Indians (NRI) banking services, such as non-residential external accounts, non-resident ordinary accounts, recurring and term deposits, foreign currency non-resident fixed deposits, and resident foreign currency accounts, as well as money transfer services and NRI property loans; and micro and agricultural banking, and financial planning services. Further, it provides SME banking services, including working capital facilities, trade facilities, and capacity expansion services; credit, debit, and gift cards; and investment, depository, and online banking services, as well as locker facilities. As of March 31, 2021, it had 245 branches and 257 ATMs across 14 States and 1 Union Territory. The company was incorporated in 1927 and is based in Thrissur, India.
Dhanlaxmi Bank Dividend Announcement
• Dhanlaxmi Bank announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2011-07-22. Ex dividend date: 2011-06-10
• Dhanlaxmi Bank's trailing twelve-month (TTM) dividend yield is -%
Dhanlaxmi Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-06-10 | ₹0.50 | annually | 2011-07-22 |
| 2010-07-07 | ₹0.50 | annually | 2010-08-14 |
| 2009-07-16 | ₹1.00 | annually | 2009-08-01 |
| 2008-09-11 | ₹0.50 | annually | 2008-10-01 |
| 2006-09-11 | ₹0.36 | annually | 2006-09-28 |
| 2004-07-01 | ₹0.36 | annually |
Dhanlaxmi Bank Dividend per year
Dhanlaxmi Bank Dividend growth
Dhanlaxmi Bank Dividend Yield
Dhanlaxmi Bank current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dhanlaxmi Bank stock? Use our calculator to estimate your expected dividend yield:
Dhanlaxmi Bank Financial Ratios
P/E ratio39.35
PEG ratio0.39
P/B ratio0.90
ROE2.34%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Dhanlaxmi Bank Dividend FAQ
How much is the next Dhanlaxmi Bank dividend?
Dhanlaxmi Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dhanlaxmi Bank dividend. The next Dhanlaxmi Bank dividend will be released in July.
When is Dhanlaxmi Bank dividend paid?
Dhanlaxmi Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Dhanlaxmi Bank pay?
The specific amount of Dhanlaxmi Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dhanlaxmi Bank's dividend history.
Does Dhanlaxmi Bank stock pay dividends?
Yes, Dhanlaxmi Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dhanlaxmi Bank's dividend history.
How much dividend does Dhanlaxmi Bank pay?
Dhanlaxmi Bank paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Dhanlaxmi Bank pay dividends?
Dhanlaxmi Bank typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Dhanlaxmi Bank's dividend yield?
The current dividend yield for Dhanlaxmi Bank is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Dhanlaxmi Bank's exact dividend yield.
When does Dhanlaxmi Bank go ex dividend?
Dhanlaxmi Bank's ex-dividend date for the latest dividend was on 2011-06-10. Dhanlaxmi Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Dhanlaxmi Bank dividend paid?
Dhanlaxmi Bank pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Dhanlaxmi Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Dhanlaxmi Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Dhanlaxmi Bank dividend per share?
Dhanlaxmi Bank paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Dhanlaxmi Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Dhanlaxmi Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Dhanlaxmi Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Dhanlaxmi Bank a dividend stock?
Yes, Dhanlaxmi Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dhanlaxmi Bank a good dividend stock?
Whether Dhanlaxmi Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dhanlaxmi Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dhanlaxmi Bank 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.
Other factors to consider when evaluating Dhanlaxmi Bank 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.
Does Dhanlaxmi Bank pay dividends monthly?
Dhanlaxmi Bank typically pays dividends on a annually basis.
Does Dhanlaxmi Bank pay dividends quarterly?
Dhanlaxmi Bank currently pays dividends on a annually basis.
Has Dhanlaxmi Bank ever paid a dividend?
Yes, Dhanlaxmi Bank has a history of paying dividends to its shareholders. Dhanlaxmi Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dhanlaxmi Bank dividend stocks?
To buy Dhanlaxmi Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Dhanlaxmi Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Dhanlaxmi Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Dhanlaxmi Bank pay dividends 2024?
Dhanlaxmi Bank pays dividends on a annually basis. 2024 dividend payments are in 2011-07-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Dhanlaxmi Bank increase its dividend in 2024?
Decisions regarding Dhanlaxmi Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Dhanlaxmi Bank dividend overview you can look into the above table of dividend history.
How Dhanlaxmi Bank dividend works?
The Dhanlaxmi Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Dhanlaxmi Bank's dividend process works:
1. Determination of Dividend: Dhanlaxmi Bank'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, Dhanlaxmi Bank 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, Dhanlaxmi Bank 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 Dhanlaxmi Bank 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. Determination of Dividend: Dhanlaxmi Bank'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, Dhanlaxmi Bank 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, Dhanlaxmi Bank 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 Dhanlaxmi Bank 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.
How are Dhanlaxmi Bank dividends paid?
Dhanlaxmi Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dhanlaxmi Bank 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, Dhanlaxmi Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dhanlaxmi Bank 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.
1. Record Date: Dhanlaxmi Bank 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, Dhanlaxmi Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dhanlaxmi Bank 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.
How many times does Dhanlaxmi Bank pay dividends?
Dhanlaxmi Bank typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Dhanlaxmi Bank pay dividends?
The general pattern is that Dhanlaxmi Bank pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dhanlaxmi Bank dividend safe?
The safety of Dhanlaxmi Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Dhanlaxmi Bank'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 Dhanlaxmi Bank'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.
To assess the safety of Dhanlaxmi Bank'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 Dhanlaxmi Bank'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.