IDFC First Bank Limited provides various banking, and financial products and services to corporates, individuals, multi- national companies, SMEs/entrepreneurs, financial institutions, and the government in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business segments. The company provides savings, corporate salary, current, and business accounts; fixed and recurring deposits; debit, credit, and prepaid cards; and payment services. It also offers personal, consumer durable, home, car, two-wheeler, equipment hypothecation, business, working capital, professional, term, and micro enterprise loans, as well as loan against property and loans for women. In addition, the company provides corporate linked finance products, including sales bill/purchase bill/invoice discounting, vendor finance, dealer finance, and factoring/receivables purchase; treasury and capital market services; and trade finance and services comprising import-export solutions, bank guarantees, remittances, etc. Further, it offers investment services consisting of mutual funds, gold bonds, demat and trading account, and investment linked insurance solutions; term, health, motor, home, travel, business, and pradhan mantri insurance products, as well as savings and annuity plans; and mobile, Internet banking, and customer care services. Additionally, the company provides cash management services; investment banking services; and investment management solutions. As of March 31, 2022, it operated 641 branches, 203 asset service branches, 719 ATMs and recyclers, and 601 rural business correspondent branches. The company was formerly known as IDFC Bank Limited and changed its name to IDFC First Bank Limited in January 2019. IDFC First Bank Limited was incorporated in 2014 and is based in Mumbai, India.
IDFC First Bank Dividend Announcement
• IDFC First Bank announced a annually dividend of ₹0.75 per ordinary share which will be made payable on 2018-08-30. Ex dividend date: 2018-07-23
• IDFC First Bank's trailing twelve-month (TTM) dividend yield is -%
IDFC First Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-07-23 | ₹0.75 | annually | 2018-08-30 |
| 2017-07-20 | ₹0.75 | annually | 2017-08-27 |
| 2016-07-19 | ₹0.25 | annually | 2016-08-25 |
IDFC First Bank Dividend per year
IDFC First Bank Dividend growth
IDFC First Bank Dividend Yield
IDFC First Bank current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing IDFC First Bank stock? Use our calculator to estimate your expected dividend yield:
IDFC First Bank Financial Ratios
P/E ratio21.43
PEG ratio0.21
P/B ratio1.34
ROE7.11%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
IDFC First Bank Dividend FAQ
How much is the next IDFC First Bank dividend?
IDFC First 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 IDFC First Bank dividend. The next IDFC First Bank dividend will be released in July.
When is IDFC First Bank dividend paid?
IDFC First 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 IDFC First Bank pay?
The specific amount of IDFC First 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 IDFC First Bank's dividend history.
Does IDFC First Bank stock pay dividends?
Yes, IDFC First 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 IDFC First Bank's dividend history.
How much dividend does IDFC First Bank pay?
IDFC First 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 IDFC First Bank pay dividends?
IDFC First 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 IDFC First Bank's dividend yield?
The current dividend yield for IDFC First 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 IDFC First Bank's exact dividend yield.
When does IDFC First Bank go ex dividend?
IDFC First Bank's ex-dividend date for the latest dividend was on 2018-07-23. IDFC First 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 IDFC First Bank dividend paid?
IDFC First Bank pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will IDFC First 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 IDFC First 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 IDFC First Bank dividend per share?
IDFC First Bank paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that IDFC First 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 IDFC First 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 IDFC First 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 IDFC First Bank a dividend stock?
Yes, IDFC First Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is IDFC First Bank a good dividend stock?
Whether IDFC First 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. IDFC First Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating IDFC First 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 IDFC First 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 IDFC First Bank pay dividends monthly?
IDFC First Bank typically pays dividends on a annually basis.
Does IDFC First Bank pay dividends quarterly?
IDFC First Bank currently pays dividends on a annually basis.
Has IDFC First Bank ever paid a dividend?
Yes, IDFC First Bank has a history of paying dividends to its shareholders. IDFC First Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy IDFC First Bank dividend stocks?
To buy IDFC First 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 IDFC First 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 IDFC First 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 IDFC First Bank pay dividends 2024?
IDFC First Bank pays dividends on a annually basis. 2024 dividend payments are in 2018-08-30. 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 IDFC First Bank increase its dividend in 2024?
Decisions regarding IDFC First 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 IDFC First Bank dividend overview you can look into the above table of dividend history.
How IDFC First Bank dividend works?
The IDFC First 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 IDFC First Bank's dividend process works:
1. Determination of Dividend: IDFC First 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, IDFC First 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, IDFC First 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 IDFC First 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: IDFC First 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, IDFC First 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, IDFC First 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 IDFC First 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 IDFC First Bank dividends paid?
IDFC First Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: IDFC First 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, IDFC First 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: IDFC First 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: IDFC First 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, IDFC First 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: IDFC First 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 IDFC First Bank pay dividends?
IDFC First 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 IDFC First Bank pay dividends?
The general pattern is that IDFC First 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 IDFC First Bank dividend safe?
The safety of IDFC First 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 IDFC First 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 IDFC First 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 IDFC First 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 IDFC First 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.