Tamilnad Mercantile Bank Ltd Stock Historical Dividends and Yields -NSE:TMB
Tamilnad Mercantile Bank Ltd (NSE:TMB) pays a dividend yield of 1.53% ($23.50 per share annually). The payout ratio is 0.13. The 5-year dividend growth rate is 0%. Tamilnad Mercantile Bank Ltd has been paying dividends since 2023.
Below is Tamilnad Mercantile Bank Ltd's complete dividend history, ex-dividend dates, payout ratio trends, and dividend yield charts.
Dividend started since
Years of Dividend History
Years of No Dividend Reduction
Years of Dividend Increase
Dividend Yield
Dividend Payout Ratio
Growth Rate (5-Year)
Yield on Cost (5-Year)
3-Year Share Buyback Ratio
Dividend Growth
| Growth Rate | Yield on Cost | |
|---|---|---|
| 1 Year | 10% | 1.68% |
| 3 Year | 30.1% | 3.37% |
| 5 Year | 0% | 1.6% |
| 10 Year | 0% | 1.53% |
Tamilnad Mercantile Bank Ltd Dividend History & Ex-Dividend Dates
Complete history of 5 dividend payments by Tamilnad Mercantile Bank Ltd since 2023. Each row shows the ex-dividend date, amount per share, record date, pay date, and declaration date.
| Ex-Dividend Date | Amount | Record Date | Pay Date | Declaration Date |
|---|---|---|---|---|
| 2026-06-12 | INR 12.5 | 2026-06-12 | 2026-08-13 | 2026-04-27 |
| 2025-08-01 | INR 11 | 2025-08-02 | 2025-08-20 | 2025-04-24 |
| 2024-09-20 | INR 10 | 2024-09-21 | 2024-10-08 | 2024-04-22 |
| 2023-08-29 | INR 5 | 2023-08-30 | 2023-09-12 | 2023-04-24 |
| 2023-02-24 | INR 5 | 2023-02-24 | 2023-03-06 | 2023-02-14 |
Frequently Asked Questions: NSE:TMB Dividend
What is Tamilnad Mercantile Bank Ltd's (NSE:TMB) current dividend yield?
Tamilnad Mercantile Bank Ltd (NSE:TMB) currently has a dividend yield of 1.53%, paying $23.50 per share annually. The forward yield is 1.53%.
What is Tamilnad Mercantile Bank Ltd's payout ratio?
Tamilnad Mercantile Bank Ltd's payout ratio is 0.13, which represents the percentage of earnings paid out as dividends. A lower payout ratio generally suggests more room for future dividend growth and greater safety during earnings downturns.
How long has Tamilnad Mercantile Bank Ltd been paying dividends?
Tamilnad Mercantile Bank Ltd has been paying dividends since 2023, a 3-year track record. The company has increased its dividend consistently since 2024.
Is Tamilnad Mercantile Bank Ltd's dividend growing?
Tamilnad Mercantile Bank Ltd's dividend has grown at an annualized rate of 0% over the past 5 years and 0% over the past 10 years. Dividend growth has been flat or negative recently.
Where can I see Tamilnad Mercantile Bank Ltd's complete dividend data?
Above this section you'll find Tamilnad Mercantile Bank Ltd's complete dividend payment history, ex-dividend dates, payout ratio trends, and yield charts. For broader analysis of Tamilnad Mercantile Bank Ltd as an investment, visit the Tamilnad Mercantile Bank Ltd Stock summary page on GuruFocus.