IndusInd Bank Limited provides various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers current, savings, defense, and corporate salary; and fixed and FCNR, sweep in/out deposits, senior citizen schemes, young saver deposits, and recurring and RFC deposits, as well as Rupee multiplier products. It also provides home, personal, car, two wheeler, gold, agricultural, and medical equipment loans, as well as loans against property and securities; micro-finance loans; MSME loans; business loans; loans to merchants and retailers; personal and professional loans; and loan on credit cards. In addition, the company offers transaction banking services, including letters of credit/guarantees, structured trade and export finance, and import finance solutions, as well as cash management and remittance services; investment products, such as demat account, mutual fund, gold bond, national pension system, and equity trading; project finance, supply chain financing; investment advisory, strategic M&A, and other advisory services; and health, general, life, and card protection insurance. Further, it provides debit, credit, forex, and commercial cards; individual outward remittances, foreign currency bank notes and demand drafts, and travelers cheques; financial inclusion products; trade and foreign exchange accounts; real estate developer financing and bullion services; correspondent banking services; and forex and derivative desk, information and advisory, and remittances through forex channel services. As of March 31, 2022, the company had 2,265 branches and 2,767 ATMs in India; and 5,876 distribution points, as well as representative offices in London, Dubai, and Abu Dhabi. IndusInd Bank Limited was incorporated in 1994 and is based in Mumbai, India. IndusInd Bank Limited was incorporated in 1994 and is based in Mumbai, India.
IndusInd Bank Dividend Announcement
• IndusInd Bank announced a annually dividend of ₹16.50 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-06-28
• IndusInd Bank annual dividend for 2024 was ₹16.50
• IndusInd Bank annual dividend for 2023 was ₹14.00
• IndusInd Bank's trailing twelve-month (TTM) dividend yield is 1.21%
IndusInd Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-28 | ₹16.50 | annually | 2024-09-26 |
| 2023-06-02 | ₹14.00 | annually | 2023-09-22 |
| 2022-08-11 | ₹8.50 | annually | 2022-09-18 |
| 2021-08-17 | ₹5.00 | annually | 2021-09-25 |
| 2019-08-08 | ₹7.50 | annually | 2019-09-15 |
| 2018-07-18 | ₹7.50 | annually | 2018-08-25 |
| 2018-06-13 | ₹7.50 | annually | |
| 2017-07-18 | ₹6.00 | annually | 2017-08-25 |
| 2016-06-23 | ₹4.50 | annually | 2016-08-01 |
| 2015-08-07 | ₹4.00 | annually | 2015-09-16 |
| 2014-06-16 | ₹3.50 | annually | 2014-07-01 |
| 2013-06-17 | ₹3.00 | annually | 2013-07-01 |
| 2012-07-05 | ₹2.20 | annually | 2012-07-20 |
IndusInd Bank Dividend per year
IndusInd Bank Dividend growth
IndusInd Bank Dividend Yield
IndusInd Bank current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing IndusInd Bank stock? Use our calculator to estimate your expected dividend yield:
IndusInd Bank Financial Ratios
P/E ratio11.74
PEG ratio0.17
P/B ratio1.68
ROE14.70%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
IndusInd Bank Dividend FAQ
How much is the next IndusInd Bank dividend?
IndusInd 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 IndusInd Bank dividend. The next IndusInd Bank dividend will be released in June.
When is IndusInd Bank dividend paid?
IndusInd Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 IndusInd Bank pay?
The specific amount of IndusInd 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 IndusInd Bank's dividend history.
Does IndusInd Bank stock pay dividends?
Yes, IndusInd 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 IndusInd Bank's dividend history.
How much dividend does IndusInd Bank pay?
IndusInd Bank paid ₹16.5 in 2024, ₹14.0 in 2023, ₹8.5 in 2022, ₹5.0 in 2021, and ₹0.0 in 2020.
How often does IndusInd Bank pay dividends?
IndusInd 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 June.
What is IndusInd Bank's dividend yield?
The current dividend yield for IndusInd Bank is 1.21%. 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 IndusInd Bank's exact dividend yield.
When does IndusInd Bank go ex dividend?
IndusInd Bank's ex-dividend date for the latest dividend was on 2024-06-28. IndusInd 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 IndusInd Bank dividend paid?
IndusInd Bank pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will IndusInd 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 IndusInd 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 IndusInd Bank dividend per share?
IndusInd Bank paid ₹16.5 per share in 2024 and ₹14.0 per share in 2023. The amount of dividend per share that IndusInd 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 IndusInd 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 IndusInd 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 IndusInd Bank a dividend stock?
Yes, IndusInd Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is IndusInd Bank a good dividend stock?
Whether IndusInd 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. IndusInd Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating IndusInd 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 IndusInd 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 IndusInd Bank pay dividends monthly?
IndusInd Bank typically pays dividends on a annually basis.
Does IndusInd Bank pay dividends quarterly?
IndusInd Bank currently pays dividends on a annually basis.
Has IndusInd Bank ever paid a dividend?
Yes, IndusInd Bank has a history of paying dividends to its shareholders. IndusInd Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy IndusInd Bank dividend stocks?
To buy IndusInd 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 IndusInd 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 IndusInd 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 IndusInd Bank pay dividends 2024?
IndusInd Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-09-26. 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 IndusInd Bank increase its dividend in 2024?
Decisions regarding IndusInd 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 IndusInd Bank dividend overview you can look into the above table of dividend history.
How IndusInd Bank dividend works?
The IndusInd 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 IndusInd Bank's dividend process works:
1. Determination of Dividend: IndusInd 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, IndusInd 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, IndusInd 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 IndusInd 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: IndusInd 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, IndusInd 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, IndusInd 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 IndusInd 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 IndusInd Bank dividends paid?
IndusInd Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: IndusInd 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, IndusInd 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: IndusInd 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: IndusInd 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, IndusInd 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: IndusInd 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 IndusInd Bank pay dividends?
IndusInd 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 IndusInd Bank pay dividends?
The general pattern is that IndusInd Bank pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is IndusInd Bank dividend safe?
The safety of IndusInd 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 IndusInd 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 IndusInd 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 IndusInd 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 IndusInd 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.