ESAF Small Finance Bank provides banking products and services in India. It offers savings, current, and NRI accounts; fixed, recurring, and social deposits; and debit cards. The company provides used and new car, two and three-wheeler, light commercial vehicle, school, personal, lease rental discounting, education, dairy development, MSME, dream home, clean energy, business, micro housing, gold, agricultural loans, and other loans; salary overdrafts and loans against property; micro-finance; payment services; national pension system; investment products; mobile, Internet, and SMS banking, etc.; and other banking services. The company was founded in 1992 and is based in Thrissur, India. ESAF Small Finance Bank is a subsidiary of ESAF Financial Holdings Private Limited.
ESAF Small Finance Bank Dividend Announcement
• ESAF Small Finance Bank announced a annually dividend of ₹0.70 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-07
• ESAF Small Finance Bank annual dividend for 2024 was ₹0.70
• ESAF Small Finance Bank's trailing twelve-month (TTM) dividend yield is 1.58%
ESAF Small Finance Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-07 | ₹0.70 | annually | 2024-09-13 |
ESAF Small Finance Bank Dividend per year
ESAF Small Finance Bank Dividend Yield
ESAF Small Finance Bank current trailing twelve-month (TTM) dividend yield is 1.58%. Interested in purchasing ESAF Small Finance Bank stock? Use our calculator to estimate your expected dividend yield:
ESAF Small Finance Bank Financial Ratios
ESAF Small Finance Bank Dividend FAQ
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.
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