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Utkarsh Small Finance Bank Limited provides banking and financial services in India. The company offers savings account, fixed, recurring, and tax saver fixed deposits; debit, credit, and other cards; home, LAP retail, personal, gold, and other loans; life and general insurance; investment products; and remittance, bill payment, locker facility, overdraft facility against fixed deposits, ATM and branch banking, and internet and mobile banking services for individual customers. It also provides current and institutional banking accounts; micro banking group, MSME, wholesale, micro banking business, commercial vehicle and construction equipment, and other loans; life and general insurance; various investment products; and remittance, bill payment, ATM, and internet and mobile banking services for business customers. The company was incorporated in 2016 and is based in Varanasi, India. Utkarsh Small Finance Bank Limited operates as a subsidiary of Utkarsh CoreInvest Limited.

Utkarsh Small Finance Bank Dividend Announcement

• Utkarsh Small Finance Bank announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-12
• Utkarsh Small Finance Bank annual dividend for 2024 was ₹0.50
• Utkarsh Small Finance Bank's trailing twelve-month (TTM) dividend yield is 1.11%

Utkarsh Small Finance Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-12₹0.50annually2024-08-21

Utkarsh Small Finance Bank Dividend per year

Utkarsh Small Finance Bank Dividend Yield

Utkarsh Small Finance Bank current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Utkarsh Small Finance Bank stock? Use our calculator to estimate your expected dividend yield:

Utkarsh Small Finance Bank Financial Ratios

P/E ratio9.39
PEG ratio0.27
P/B ratio1.67
ROE19.95%
Payout ratio0.00%
Current ratio0.56
Quick ratio0.36
Cash Ratio0.56

Utkarsh Small Finance Bank Dividend FAQ

Does Utkarsh Small Finance Bank stock pay dividends?
Utkarsh Small Finance Bank does not currently pay dividends to its shareholders.
Has Utkarsh Small Finance Bank ever paid a dividend?
No, Utkarsh Small Finance Bank has no a history of paying dividends to its shareholders. Utkarsh Small Finance Bank is not known for its dividend payments.
Why doesn't Utkarsh Small Finance Bank pay dividends?
There are several potential reasons why Utkarsh Small Finance Bank would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Utkarsh Small Finance Bank ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Utkarsh Small Finance Bank has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Utkarsh Small Finance Bank a dividend aristocrat?
Utkarsh Small Finance Bank is not considered a Dividend Aristocrat. 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 Utkarsh Small Finance Bank a dividend king?
Utkarsh Small Finance Bank is not classified as a "Dividend King". 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 Utkarsh Small Finance Bank a dividend stock?
No, Utkarsh Small Finance Bank is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Utkarsh Small Finance Bank stocks?
To buy Utkarsh Small Finance 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Utkarsh Small Finance 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.