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Indian Overseas Bank (BOM:532388) Forward Dividend Yield % : 0.00% (As of Apr. 29, 2024)


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What is Indian Overseas Bank Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of Indian Overseas Bank is 0.00%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of Indian Overseas Bank is 0.00%.

BOM:532388's Forward Dividend Yield % is not ranked *
in the Banks industry.
Industry Median: 4.16
* Ranked among companies with meaningful Forward Dividend Yield % only.

Indian Overseas Bank's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Indian Overseas Bank was 51.80% per year. The lowest was -53.60% per year. And the median was 10.90% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Indian Overseas Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, Indian Overseas Bank's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


Indian Overseas Bank's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Indian Overseas Bank's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Indian Overseas Bank's Forward Dividend Yield % falls into.



Indian Overseas Bank Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Indian Overseas Bank  (BOM:532388) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Indian Overseas Bank Forward Dividend Yield % Related Terms

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Indian Overseas Bank (BOM:532388) Business Description

Traded in Other Exchanges
Address
No. 763, Anna Salai, Chennai, TN, IND, 600 002
Indian Overseas Bank is engaged in banking sector. The bank is based in India and has branches in several Asian countries. The majority of revenue is earned domestically. Its segments are corporate/wholesale banking, treasury, retail banking and other banking operations. The corporate/wholesale banking provides working capital finance, term loans and loans for the information technology sector. The Treasury segment offers asset management services, credit cards, settlement services, and locker facilities while the retail banking segment provides current accounts, term deposits, retail loans, mortgages, insurance, and Internet banking.

Indian Overseas Bank (BOM:532388) Headlines

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