During the past 12 months, Canara Bank's average Dividends Per Share Growth Rate was 84.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canara Bank was 38.70% per year. The lowest was -38.90% per year. And the median was 11.20% per year.
Canara Bank stock dividend yield is close to 5-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Canara Bank's 5-Year Dividend Growth Rate
For the Banks - Regional subindustry, Canara Bank's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.
Canara Bank's 5-Year Dividend Growth Rate Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Canara Bank's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Canara Bank's 5-Year Dividend Growth Rate falls into.
Canara Bank 5-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Canara Bank (BOM:532483) 5-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Canara Bank's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Canara Bank was 0.14. The lowest was 0.07. And the median was 0.11.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Canara Bank Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 2.400000
2023-06-14
2023-06-14
2023-06-30
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Canara Bank's Dividend Yield (%) for Today is calculated as
Current Share Price is ₹113.70.
Canara Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.4.
During the past 13 years, the highest Dividend Yield of Canara Bank was 19.88%. The lowest was 1.71%. And the median was 10.80%.
Warning Sign:
Canara Bank stock dividend yield is close to 5-year low.
* 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.
Canara Bank 5-Year Dividend Growth Rate Related Terms
Thank you for viewing the detailed overview of Canara Bank's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Canara Bank is an India-based commercial bank. The company's core businesses consist of Treasury Operations, Retail Banking Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, Hong Kong, and Dubai.
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