Kotak Mahindra Bank Limited, provides banking and financial services to corporate and individual customers in India. It operates through Treasury, BMU, and Corporate Centre; Retail Banking; Corporate/Wholesale Banking; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments. The Treasury, BMU and Corporate Centre segment engages in money market, forex market, derivatives, and investments; and the primary dealership of government securities and balance sheet management unit (BMU) responsible for asset liability management. The Retail Banking segment offers commercial vehicle finance, personal, home, and other loans/services, and agriculture finance services. This segment also provides savings, current, and term deposit accounts; branch banking network and services, including distribution of financial products; and credit cards. The Corporate/Wholesale Banking segment offers wholesale borrowings and lending, and other related services to the corporate sector. The Vehicle Financing segment provides retail vehicle and wholesale trade finance to auto dealers. The Other Lending Activities segment offers financing against securities, securitization, and other loans/services. The Broking segment provides brokerage income on market transactions and delayed payments interest; and distributes financial products. The Advisory and Transactional Services segment offers mergers and acquisition advice, and equity/debt issue management services. The Asset Management segment engages in the management of funds and investments on behalf of clients and funds. The Insurance segment provides life insurance and general insurance products. As of March 31, 2022, it had a network of 1,700 branches and 2,705 ATMs; and branches in GIFT City and DIFC, Dubai. Kotak Mahindra Bank Limited was incorporated in 1985 and is headquartered in Mumbai, India.
Kotak Mahindra Bank Dividend Announcement
• Kotak Mahindra Bank announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-10. Ex dividend date: 2024-07-19
• Kotak Mahindra Bank annual dividend for 2024 was ₹2.00
• Kotak Mahindra Bank annual dividend for 2023 was ₹1.50
• Kotak Mahindra Bank's trailing twelve-month (TTM) dividend yield is 0.11%
Kotak Mahindra Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-19 | ₹2.00 | annually | 2024-08-10 |
| 2023-08-04 | ₹1.50 | annually | 2023-08-25 |
| 2022-08-11 | ₹1.10 | annually | 2022-09-02 |
| 2021-08-11 | ₹0.90 | annually | 2021-09-24 |
| 2019-07-12 | ₹0.80 | annually | 2019-08-21 |
| 2018-07-11 | ₹0.70 | annually | 2018-08-18 |
| 2017-07-12 | ₹0.60 | annually | 2017-08-19 |
| 2016-07-14 | ₹0.50 | annually | 2016-08-21 |
| 2015-06-18 | ₹0.90 | annually | 2015-07-29 |
| 2014-07-04 | ₹0.80 | annually | 2014-08-15 |
| 2013-07-04 | ₹0.70 | annually | 2013-08-17 |
| 2012-07-06 | ₹0.60 | annually | 2012-08-18 |
Kotak Mahindra Bank Dividend per year
Kotak Mahindra Bank Dividend growth
Kotak Mahindra Bank Dividend Yield
Kotak Mahindra Bank current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Kotak Mahindra Bank stock? Use our calculator to estimate your expected dividend yield:
Kotak Mahindra Bank Financial Ratios
P/E ratio15.71
PEG ratio2.81
P/B ratio2.36
ROE16.74%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Kotak Mahindra Bank Dividend FAQ
How much is the next Kotak Mahindra Bank dividend?
Kotak Mahindra 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 Kotak Mahindra Bank dividend. The next Kotak Mahindra Bank dividend will be released in August.
When is Kotak Mahindra Bank dividend paid?
Kotak Mahindra 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 Kotak Mahindra Bank pay?
The specific amount of Kotak Mahindra 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 Kotak Mahindra Bank's dividend history.
Does Kotak Mahindra Bank stock pay dividends?
Yes, Kotak Mahindra 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 Kotak Mahindra Bank's dividend history.
How much dividend does Kotak Mahindra Bank pay?
Kotak Mahindra Bank paid ₹2.0 in 2024, ₹1.5 in 2023, ₹1.1 in 2022, ₹0.9 in 2021, and ₹0.0 in 2020.
How often does Kotak Mahindra Bank pay dividends?
Kotak Mahindra 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 Kotak Mahindra Bank's dividend yield?
The current dividend yield for Kotak Mahindra Bank is 0.11%. 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 Kotak Mahindra Bank's exact dividend yield.
When does Kotak Mahindra Bank go ex dividend?
Kotak Mahindra Bank's ex-dividend date for the latest dividend was on 2024-07-19. Kotak Mahindra 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 Kotak Mahindra Bank dividend paid?
Kotak Mahindra Bank pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra Bank dividend per share?
Kotak Mahindra Bank paid ₹2.0 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra Bank a dividend stock?
Yes, Kotak Mahindra Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kotak Mahindra Bank a good dividend stock?
Whether Kotak Mahindra 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. Kotak Mahindra Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra Bank pay dividends monthly?
Kotak Mahindra Bank typically pays dividends on a annually basis.
Does Kotak Mahindra Bank pay dividends quarterly?
Kotak Mahindra Bank currently pays dividends on a annually basis.
Has Kotak Mahindra Bank ever paid a dividend?
Yes, Kotak Mahindra Bank has a history of paying dividends to its shareholders. Kotak Mahindra Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kotak Mahindra Bank dividend stocks?
To buy Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra Bank pay dividends 2024?
Kotak Mahindra Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-08-10. 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 Kotak Mahindra Bank increase its dividend in 2024?
Decisions regarding Kotak Mahindra 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 Kotak Mahindra Bank dividend overview you can look into the above table of dividend history.
How Kotak Mahindra Bank dividend works?
The Kotak Mahindra 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 Kotak Mahindra Bank's dividend process works:
1. Determination of Dividend: Kotak Mahindra 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, Kotak Mahindra 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, Kotak Mahindra 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 Kotak Mahindra 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: Kotak Mahindra 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, Kotak Mahindra 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, Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra Bank dividends paid?
Kotak Mahindra Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kotak Mahindra 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, Kotak Mahindra 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: Kotak Mahindra 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: Kotak Mahindra 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, Kotak Mahindra 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: Kotak Mahindra 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 Kotak Mahindra Bank pay dividends?
Kotak Mahindra 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 Kotak Mahindra Bank pay dividends?
The general pattern is that Kotak Mahindra 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 Kotak Mahindra Bank dividend safe?
The safety of Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra 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 Kotak Mahindra 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.