RBL Bank Limited operates as a scheduled commercial bank in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The company's deposit products include savings, current, and institution accounts, as well as fixed deposits. It also offers business, home, personal, car, and education loans, as well as loans against property, overdraft against property, loans against gold, working capital finance, and unsecured and secured small business loans; life, general, and health insurance products; investments services, such as wealth management, e-ASBA, and national pension system; and demat account. In addition, the company provides online tax and bill payment, online banking, digital and net banking, and merchant payment services, as well as debit, credit, and prepaid cards. Further, it offers mergers and acquisitions advisory, private equity capital advisory, project and infrastructure finance, structured finance, and real estate financing; cash management, trade and remittance, and supply chain finance services; and financial markets and treasury products, such as capital markets, and forex and bullion. Additionally, the company provides agribusiness, NRI, and signature banking services, as well as safe deposit lockers. As of July 31, 2021, it operated a network of approximately 435 bank branches; 1,424 business correspondent branches; and 380 ATMs. The company was formerly known as The Ratnakar Bank Limited and changed its name to RBL Bank Limited in August 2014. RBL Bank Limited was incorporated in 1943 and is based in Mumbai, India.
RBL Bank Dividend Announcement
• RBL Bank announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-07-26
• RBL Bank annual dividend for 2024 was ₹1.50
• RBL Bank annual dividend for 2023 was ₹1.50
• RBL Bank's trailing twelve-month (TTM) dividend yield is 0.87%
RBL Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | ₹1.50 | annually | 2024-09-06 |
| 2023-08-18 | ₹1.50 | annually | 2023-09-27 |
| 2020-03-23 | ₹1.50 | annually | 2020-04-16 |
| 2019-07-01 | ₹2.70 | annually | 2019-08-07 |
| 2018-07-26 | ₹2.10 | annually | 2018-09-02 |
| 2017-07-27 | ₹1.80 | annually | 2017-09-03 |
RBL Bank Dividend per year
RBL Bank Dividend growth
RBL Bank Dividend Yield
RBL Bank current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing RBL Bank stock? Use our calculator to estimate your expected dividend yield:
RBL Bank Financial Ratios
P/E ratio8.82
PEG ratio0.08
P/B ratio0.68
ROE8.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
RBL Bank Dividend FAQ
How much is the next RBL Bank dividend?
RBL 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 RBL Bank dividend. The next RBL Bank dividend will be released in August.
When is RBL Bank dividend paid?
RBL 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 RBL Bank pay?
The specific amount of RBL 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 RBL Bank's dividend history.
Does RBL Bank stock pay dividends?
Yes, RBL 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 RBL Bank's dividend history.
How much dividend does RBL Bank pay?
RBL Bank paid ₹1.5 in 2024, ₹1.5 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹1.5 in 2020.
How often does RBL Bank pay dividends?
RBL 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 RBL Bank's dividend yield?
The current dividend yield for RBL Bank is 0.87%. 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 RBL Bank's exact dividend yield.
When does RBL Bank go ex dividend?
RBL Bank's ex-dividend date for the latest dividend was on 2024-07-26. RBL 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 RBL Bank dividend paid?
RBL Bank pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will RBL 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 RBL 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 RBL Bank dividend per share?
RBL Bank paid ₹1.5 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that RBL 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 RBL 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 RBL 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 RBL Bank a dividend stock?
Yes, RBL Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is RBL Bank a good dividend stock?
Whether RBL 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. RBL Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating RBL 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 RBL 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 RBL Bank pay dividends monthly?
RBL Bank typically pays dividends on a annually basis.
Does RBL Bank pay dividends quarterly?
RBL Bank currently pays dividends on a annually basis.
Has RBL Bank ever paid a dividend?
Yes, RBL Bank has a history of paying dividends to its shareholders. RBL Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy RBL Bank dividend stocks?
To buy RBL 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 RBL 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 RBL 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 RBL Bank pay dividends 2024?
RBL Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-09-06. 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 RBL Bank increase its dividend in 2024?
Decisions regarding RBL 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 RBL Bank dividend overview you can look into the above table of dividend history.
How RBL Bank dividend works?
The RBL 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 RBL Bank's dividend process works:
1. Determination of Dividend: RBL 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, RBL 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, RBL 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 RBL 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: RBL 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, RBL 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, RBL 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 RBL 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 RBL Bank dividends paid?
RBL Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: RBL 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, RBL 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: RBL 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: RBL 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, RBL 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: RBL 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 RBL Bank pay dividends?
RBL 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 RBL Bank pay dividends?
The general pattern is that RBL 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 RBL Bank dividend safe?
The safety of RBL 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 RBL 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 RBL 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 RBL 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 RBL 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.