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Equitas Small Finance Bank Limited provides various banking products and services to for individuals and corporates, as well as micro, small, and medium enterprises. The company operates through Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers fixed deposit products; and savings, salary, business, current, and TASC accounts. The company also provides loans against property; gold, home, used car, business, and MSME loans; vehicle finance, merchant overdraft, MSME loans monitoring services; overdraft against deposits; financing products for agri business; investment services; general, life, and health insurances; pension schemes; payments and collection solutions; retail forex services; fund transfer services; and debit cards. In addition, it provides online, mobile, and doorstep banking services. It has 869 banking outlets and 339 ATMs in India. The company was formerly known as Equitas Finance Limited. Equitas Small Finance Bank Limited was incorporated in 1993 and is based in Chennai, India. Equitas Small Finance Bank Limited is a subsidiary of Equitas Holdings Limited.

Equitas Small Finance Bank Dividend Announcement

• Equitas Small Finance Bank announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-08-09
• Equitas Small Finance Bank annual dividend for 2024 was ₹1.00
• Equitas Small Finance Bank annual dividend for 2023 was ₹1.00
• Equitas Small Finance Bank's trailing twelve-month (TTM) dividend yield is 1.45%

Equitas Small Finance Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09₹1.00annually2024-10-10
2023-07-28₹1.00annually2023-09-27

Equitas Small Finance Bank Dividend per year

Equitas Small Finance Bank Dividend Yield

Equitas Small Finance Bank current trailing twelve-month (TTM) dividend yield is 1.45%. Interested in purchasing Equitas Small Finance Bank stock? Use our calculator to estimate your expected dividend yield:

Equitas Small Finance Bank Financial Ratios

P/E ratio12.39
PEG ratio-0.48
P/B ratio1.32
ROE10.96%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Equitas Small Finance Bank Dividend FAQ

Does Equitas Small Finance Bank stock pay dividends?
Equitas Small Finance Bank does not currently pay dividends to its shareholders.
Has Equitas Small Finance Bank ever paid a dividend?
No, Equitas Small Finance Bank has no a history of paying dividends to its shareholders. Equitas Small Finance Bank is not known for its dividend payments.
Why doesn't Equitas Small Finance Bank pay dividends?
There are several potential reasons why Equitas Small Finance Bank would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Equitas Small Finance Bank ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Equitas Small Finance Bank has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Equitas Small Finance Bank a dividend aristocrat?
Equitas Small Finance Bank is not considered a Dividend Aristocrat. 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 Equitas Small Finance Bank a dividend king?
Equitas Small Finance Bank is not classified as a "Dividend King". 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 Equitas Small Finance Bank a dividend stock?
No, Equitas Small Finance Bank is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Equitas Small Finance Bank stocks?
To buy Equitas Small Finance 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Equitas Small Finance 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.