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Indbank Merchant Banking Services Limited provides merchant banking, stock broking, depository participant, and allied services in India. The company offers merchant banking services for public issues, rights issues, private placement, acquisition of shares and takeovers, and employee stock option schemes/stock purchase scheme by corporates. It also provides advisory services for valuation of shares and other financial instruments; syndication of loans; acquisitions; mergers and amalgamations; and project counseling, appraisal, and feasibility studies. In addition, it offers stock broking services in the cash, derivatives, and wholesale debt market segments for retail and institutional investors; online trading services; and e-services, as well as distributes mutual funds and other investment products. The company was incorporated in 1989 and is based in Chennai, India. Indbank Merchant Banking Services Limited is a subsidiary of Indian Bank.

Indbank Merchant Banking Services Dividend Announcement

Indbank Merchant Banking Services announced a annually dividend of ₹0.75 per ordinary share which will be made payable on 2009-10-01. Ex dividend date: 2009-08-07
Indbank Merchant Banking Services's trailing twelve-month (TTM) dividend yield is -%

Indbank Merchant Banking Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-08-07₹0.75annually2009-10-01

Indbank Merchant Banking Services Dividend per year

Indbank Merchant Banking Services Dividend Yield

Indbank Merchant Banking Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Indbank Merchant Banking Services stock? Use our calculator to estimate your expected dividend yield:

Indbank Merchant Banking Services Financial Ratios

P/E ratio16.96
PEG ratio-0.27
P/B ratio2.13
ROE13.40%
Payout ratio0.00%
Current ratio196.96
Quick ratio196.96
Cash Ratio2.33

Indbank Merchant Banking Services Dividend FAQ

Does Indbank Merchant Banking Services stock pay dividends?
Indbank Merchant Banking Services does not currently pay dividends to its shareholders.
Has Indbank Merchant Banking Services ever paid a dividend?
No, Indbank Merchant Banking Services has no a history of paying dividends to its shareholders. Indbank Merchant Banking Services is not known for its dividend payments.
Why doesn't Indbank Merchant Banking Services pay dividends?
There are several potential reasons why Indbank Merchant Banking Services 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 Indbank Merchant Banking Services 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 Indbank Merchant Banking Services 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 Indbank Merchant Banking Services a dividend aristocrat?
Indbank Merchant Banking Services 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 Indbank Merchant Banking Services a dividend king?
Indbank Merchant Banking Services 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 Indbank Merchant Banking Services a dividend stock?
No, Indbank Merchant Banking Services 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 Indbank Merchant Banking Services stocks?
To buy Indbank Merchant Banking Services 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 Indbank Merchant Banking Services 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.