IDBI Bank Limited provides banking and financial solutions to retail and corporate clients in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The company offers savings, current, and salary accounts, and fixed deposits; home, auto, education, and personal loans, as well as loans against properties and securities; debit, credit, and prepaid cards; phone, mobile, and Internet banking services; and investment advisory and capital market services. It also provides fund and non-fund-based assistance; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines (ATMs)/cash dispense vendors; technology upgrading fund scheme for textile and jute industries; and lending to non-banking finance companies/housing finance companies and commercial real estate sector. In addition, the company offers bank guarantees, letters of credit, documentary collection, bill discounting, and foreign currency; cash management, treasury, trade finance, and remittance services; and debt syndication and advisory services. Further, it provides finance to micro, small, and medium enterprises; agriculture finance; and products and services for non-resident Indians. Additionally, the company offers information technology and security, and contact center services; merchant banking, stock broking, portfolio management of pension/PF funds; and mutual fund, security trusteeship assignments, share pledge trustee, venture capital fund, safe keeping, escrow agency, and other trusteeship services, as well as acts as a trustee to securitization transactions and bond/debentures. As of March 31, 2022, it operated 1,886 branches, 3,403 ATMs, and 58 e-lounges. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. The company was founded in 1964 and is headquartered in Mumbai, India.
IDBI Bank Dividend Announcement
• IDBI Bank announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-07-16
• IDBI Bank annual dividend for 2024 was ₹1.50
• IDBI Bank annual dividend for 2023 was ₹1.00
• IDBI Bank's trailing twelve-month (TTM) dividend yield is 1.81%
IDBI Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-16 | ₹1.50 | annually | 2024-08-22 |
| 2023-07-06 | ₹1.00 | annually | 2023-08-12 |
| 2015-08-04 | ₹0.75 | annually | 2015-09-09 |
| 2014-06-26 | ₹0.28 | annually | 2014-07-24 |
| 2014-01-23 | ₹0.72 | annually | 2014-01-31 |
| 2013-08-29 | ₹3.50 | annually | 2013-10-04 |
| 2012-08-31 | ₹1.50 | annually | 2012-10-06 |
| 2012-02-09 | ₹2.00 | annually | 2012-02-29 |
| 2011-09-02 | ₹3.50 | annually | 2011-10-04 |
| 2010-07-16 | ₹3.00 | annually | 2010-08-21 |
| 2009-07-09 | ₹2.50 | annually | 2009-08-01 |
| 2008-07-16 | ₹2.00 | annually | 2008-09-01 |
| 2007-06-14 | ₹1.50 | annually | 2007-08-01 |
| 2006-07-13 | ₹1.50 | annually | 2006-07-30 |
IDBI Bank Dividend per year
IDBI Bank Dividend growth
IDBI Bank Dividend Yield
IDBI Bank current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing IDBI Bank stock? Use our calculator to estimate your expected dividend yield:
IDBI Bank Financial Ratios
P/E ratio13.19
PEG ratio-0.09
P/B ratio1.63
ROE12.93%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
IDBI Bank Dividend FAQ
How much is the next IDBI Bank dividend?
IDBI 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 IDBI Bank dividend. The next IDBI Bank dividend will be released in July.
When is IDBI Bank dividend paid?
IDBI 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 IDBI Bank pay?
The specific amount of IDBI 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 IDBI Bank's dividend history.
Does IDBI Bank stock pay dividends?
Yes, IDBI 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 IDBI Bank's dividend history.
How much dividend does IDBI Bank pay?
IDBI Bank paid ₹1.5 in 2024, ₹1.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does IDBI Bank pay dividends?
IDBI 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 IDBI Bank's dividend yield?
The current dividend yield for IDBI Bank is 1.81%. 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 IDBI Bank's exact dividend yield.
When does IDBI Bank go ex dividend?
IDBI Bank's ex-dividend date for the latest dividend was on 2024-07-16. IDBI 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 IDBI Bank dividend paid?
IDBI Bank pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will IDBI 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 IDBI 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 IDBI Bank dividend per share?
IDBI Bank paid ₹1.5 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that IDBI 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 IDBI 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 IDBI 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 IDBI Bank a dividend stock?
Yes, IDBI Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is IDBI Bank a good dividend stock?
Whether IDBI 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. IDBI Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating IDBI 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 IDBI 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 IDBI Bank pay dividends monthly?
IDBI Bank typically pays dividends on a annually basis.
Does IDBI Bank pay dividends quarterly?
IDBI Bank currently pays dividends on a annually basis.
Has IDBI Bank ever paid a dividend?
Yes, IDBI Bank has a history of paying dividends to its shareholders. IDBI Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy IDBI Bank dividend stocks?
To buy IDBI 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 IDBI 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 IDBI 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 IDBI Bank pay dividends 2024?
IDBI Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-08-22. 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 IDBI Bank increase its dividend in 2024?
Decisions regarding IDBI 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 IDBI Bank dividend overview you can look into the above table of dividend history.
How IDBI Bank dividend works?
The IDBI 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 IDBI Bank's dividend process works:
1. Determination of Dividend: IDBI 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, IDBI 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, IDBI 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 IDBI 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: IDBI 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, IDBI 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, IDBI 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 IDBI 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 IDBI Bank dividends paid?
IDBI Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: IDBI 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, IDBI 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: IDBI 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: IDBI 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, IDBI 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: IDBI 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 IDBI Bank pay dividends?
IDBI 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 IDBI Bank pay dividends?
The general pattern is that IDBI 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 IDBI Bank dividend safe?
The safety of IDBI 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 IDBI 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 IDBI 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 IDBI 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 IDBI 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.