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Axis Bank (LSE:AXBC) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Axis Bank Dividend Payout Ratio?

Axis Bank's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Axis Bank's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Axis Bank was 5.62. The lowest was 0.01. And the median was 0.13.

LSE:AXBC's Dividend Payout Ratio is not ranked *
in the Banks industry.
Industry Median: 0.35
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-06), the Dividend Yield % of Axis Bank is 0.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Axis Bank was 4.07%. The lowest was 0.09%. And the median was 1.30%.

Axis Bank's Dividends per Share for the months ended in Mar. 2024 was $0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Axis Bank was 41.90% per year. The lowest was -41.50% per year. And the median was 16.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Axis Bank Dividend Payout Ratio Historical Data

The historical data trend for Axis Bank's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axis Bank Dividend Payout Ratio Chart

Axis Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
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Axis Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Axis Bank's Dividend Payout Ratio

For the Banks - Regional subindustry, Axis Bank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axis Bank's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Axis Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Axis Bank's Dividend Payout Ratio falls into.



Axis Bank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Axis Bank's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0/ 0
=N/A

Axis Bank's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Axis Bank (LSE:AXBC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Axis Bank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Axis Bank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Axis Bank (LSE:AXBC) Business Description

Address
Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.

Axis Bank (LSE:AXBC) Headlines

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