The Karnataka Bank Limited provides personal and business banking products and services in India. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers savings and current accounts; fixed, cash certificate, and recurring deposits; and non-resident rupee, ordinary non-resident, foreign currency, and resident foreign currency accounts, as well as non-resident Indian priority banking services. It also provides loan products, including vehicle, home, education, personal, MSME, mortgage, women entrepreneur, gold, and other loans, as well as loans against property. In addition, the company offers debit, credit, gift, deposit only, and image cards; life, general, and health insurance products; investment products; remittance and other services; and forex services comprising pre and post-shipment, export collection bills, export LC advising, inward remittance facility, import letter of credit, import bill collection, buyer's credit, and outward remittances. Further, it provides point of sale service for merchant's payment solutions; and KBL e-COLLECT, a fee payment processing platform, which enables the institution to offer parents and students a way to pay their fees through a range of payment options. Additionally, the company offers various loans for agriculture; and other services, such as internet and mobile banking, mutual funds, demat and online trading services, locker facility, and funds transfer services. As of March 31, 2022, it operated through a network of 877 branches, 885 ATMs and 563 cash recyclers. The company was incorporated in 1924 and is headquartered in Mangalore, India.
Karnataka Bank Dividend Announcement
• Karnataka Bank announced a annually dividend of ₹5.50 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-03
• Karnataka Bank annual dividend for 2024 was ₹5.50
• Karnataka Bank annual dividend for 2023 was ₹5.00
• Karnataka Bank's trailing twelve-month (TTM) dividend yield is 2.55%
• Karnataka Bank's payout ratio for the trailing twelve months (TTM) is 11.65%
Karnataka Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-03 | ₹5.50 | annually | 2024-10-10 |
| 2023-08-22 | ₹5.00 | annually | 2023-09-28 |
| 2022-08-18 | ₹4.00 | annually | 2022-09-25 |
| 2021-08-18 | ₹1.80 | annually | 2021-09-10 |
| 2019-07-29 | ₹3.50 | annually | 2019-09-06 |
| 2018-07-11 | ₹3.00 | annually | 2018-07-30 |
| 2017-07-06 | ₹4.00 | annually | 2017-07-24 |
| 2016-07-20 | ₹5.00 | annually | 2016-08-04 |
| 2015-07-08 | ₹5.00 | annually | 2015-07-23 |
| 2014-07-10 | ₹4.00 | annually | 2014-08-16 |
| 2013-06-26 | ₹4.00 | annually | 2013-07-15 |
| 2012-08-09 | ₹3.50 | annually | 2012-09-07 |
Karnataka Bank Dividend per year
Karnataka Bank Dividend growth
Karnataka Bank Dividend Yield
Karnataka Bank current trailing twelve-month (TTM) dividend yield is 2.55%. Interested in purchasing Karnataka Bank stock? Use our calculator to estimate your expected dividend yield:
Karnataka Bank Financial Ratios
P/E ratio6.06
PEG ratio-7.42
P/B ratio0.70
ROE12.45%
Payout ratio11.65%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Karnataka Bank Dividend FAQ
How much is the next Karnataka Bank dividend?
Karnataka 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 Karnataka Bank dividend. The next Karnataka Bank dividend will be released in August.
When is Karnataka Bank dividend paid?
Karnataka Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Karnataka Bank pay?
The specific amount of Karnataka 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 Karnataka Bank's dividend history.
Does Karnataka Bank stock pay dividends?
Yes, Karnataka 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 Karnataka Bank's dividend history.
How much dividend does Karnataka Bank pay?
Karnataka Bank paid ₹5.5 in 2024, ₹5.0 in 2023, ₹4.0 in 2022, ₹1.8 in 2021, and ₹0.0 in 2020.
How often does Karnataka Bank pay dividends?
Karnataka 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 August.
What is Karnataka Bank's dividend yield?
The current dividend yield for Karnataka Bank is 2.55%. 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 Karnataka Bank's exact dividend yield.
When does Karnataka Bank go ex dividend?
Karnataka Bank's ex-dividend date for the latest dividend was on 2024-09-03. Karnataka 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 Karnataka Bank dividend paid?
Karnataka Bank pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Karnataka 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 Karnataka 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 Karnataka Bank dividend per share?
Karnataka Bank paid ₹5.5 per share in 2024 and ₹5.0 per share in 2023. The amount of dividend per share that Karnataka 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 Karnataka 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 Karnataka 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 Karnataka Bank a dividend stock?
Yes, Karnataka Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Karnataka Bank a good dividend stock?
Whether Karnataka 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. Karnataka Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Karnataka 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 Karnataka 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 Karnataka Bank pay dividends monthly?
Karnataka Bank typically pays dividends on a annually basis.
Does Karnataka Bank pay dividends quarterly?
Karnataka Bank currently pays dividends on a annually basis.
Has Karnataka Bank ever paid a dividend?
Yes, Karnataka Bank has a history of paying dividends to its shareholders. Karnataka Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Karnataka Bank dividend stocks?
To buy Karnataka 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 Karnataka 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 Karnataka 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 Karnataka Bank pay dividends 2024?
Karnataka Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-10-10. 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 Karnataka Bank increase its dividend in 2024?
Decisions regarding Karnataka 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 Karnataka Bank dividend overview you can look into the above table of dividend history.
How Karnataka Bank dividend works?
The Karnataka 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 Karnataka Bank's dividend process works:
1. Determination of Dividend: Karnataka 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, Karnataka 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, Karnataka 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 Karnataka 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: Karnataka 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, Karnataka 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, Karnataka 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 Karnataka 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 Karnataka Bank dividends paid?
Karnataka Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Karnataka 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, Karnataka 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: Karnataka 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: Karnataka 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, Karnataka 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: Karnataka 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 Karnataka Bank pay dividends?
Karnataka 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 Karnataka Bank pay dividends?
The general pattern is that Karnataka Bank pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Karnataka Bank dividend safe?
The safety of Karnataka 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 Karnataka 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 Karnataka 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 Karnataka 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 Karnataka 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.