Indian Overseas Bank (IOB.NS) Dividend: History, Dates & Yield - 2024
Dividend History
Indian Overseas Bank announced a quarterly dividend of ₹0.50 per ordinary share, payable on 2014-07-27, with an ex-dividend date of 2014-06-19. Indian Overseas Bank typically pays dividends three times a year.
Find details on Indian Overseas Bank's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2014-06-19 | ₹0.50 | quarterly | 2014-07-27 |
2014-02-10 | ₹0.70 | quarterly | 2014-02-28 |
2013-06-20 | ₹2.00 | quarterly | 2013-07-28 |
2012-06-21 | ₹4.50 | quarterly | 2012-07-29 |
2011-07-04 | ₹5.00 | quarterly | 2011-08-11 |
2010-05-26 | ₹3.50 | quarterly | 2010-08-19 |
2009-05-21 | ₹4.50 | quarterly | 2009-07-01 |
2008-05-05 | ₹3.50 | quarterly | 2008-06-01 |
2007-05-07 | ₹3.00 | quarterly | 2007-06-01 |
2006-05-11 | ₹2.60 | quarterly | 2006-05-28 |
Dividend Increase
Indian Overseas Bank's dividend growth over the last five years (2010-2014) was -16.98% per year, while over the last ten years (2005-2014), it was 6.51% per year. In comparison, Union Bank of India has seen an average growth rate of 11.57% over the past five years and UCO Bank's growth rate was -15.70%.
By comparing Indian Overseas Bank's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Indian Overseas Bank's current trailing twelve-month (TTM) dividend yield is nan%. Over the last 12 months, Indian Overseas Bank has maintained this yield, but how does it compare to similar stocks? For example, Union Bank of India offers a yield of 3.27%, while UCO Bank provides a yield of 0.65%. Comparing similar stocks can help investors assess Indian Overseas Bank's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Indian Overseas Bank (IOB.NS) | NaN% | ₹1.2 | ₹50.37 |
Union Bank of India (UNIONBANK.NS) | 3.27% | ₹3.6 | ₹109.09 |
UCO Bank (UCOBANK.NS) | 0.65% | ₹0.28 | ₹42.66 |
Dividend Yield Calculator
Interested in purchasing Indian Overseas Bank stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Indian Overseas Bank has a payout ratio of 0.00%. In comparison, Union Bank of India has a payout ratio of 0.00%, while UCO Bank's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Indian Overseas Bank
- Global presence The company has a strong global presence with operations in multiple countries.
- Key segments The company operates in multiple key segments such as [list key segments].
- Products/services The company offers a diverse range of products/services such as [list key products/services].
- Financial stability The company has a solid financial track record with consistent dividend payouts to investors.
Frequently Asked Question
Other factors to consider when evaluating Indian Overseas 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.
Place an order: Use the brokerage's trading platform to place an order to buy Indian Overseas 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.
1. Determination of Dividend: Indian Overseas 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, Indian Overseas 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, Indian Overseas 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 Indian Overseas 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. Record Date: Indian Overseas 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, Indian Overseas 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: Indian Overseas 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.
To assess the safety of Indian Overseas 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 Indian Overseas 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.