The historical rank and industry rank for Axis Bank's 3-Year Dividend Growth Rate or its related term are showing as below:
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.
BOM:532215's 3-Year Dividend Growth Rate is not ranked *
in the Banks industry.
Industry Median: 7.4 * Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
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.
Axis Bank Ltd stock dividend yield is close to 10-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Axis Bank's 3-Year Dividend Growth Rate
For the Banks - Regional subindustry, Axis Bank's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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.
Axis Bank's 3-Year Dividend Growth Rate Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Axis Bank's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Axis Bank's 3-Year Dividend Growth Rate falls into.
Axis Bank 3-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 expontential compound based on the latest four year annual data.
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.
Axis Bank (BOM:532215) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Axis 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 Axis Bank was 5.62. The lowest was 0.01. And the median was 0.13.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Axis Bank Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 1.000
2023-07-07
2023-07-07
0000-00-00
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.
Axis Bank's Dividend Yield (%) for Today is calculated as
Current Share Price is ₹1130.05.
Axis Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.
During the past 13 years, the highest Dividend Yield of Axis Bank was 4.07%. The lowest was 0.09%. And the median was 1.30%.
Warning Sign:
Axis Bank Ltd stock dividend yield is close to 10-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.
Axis Bank 3-Year Dividend Growth Rate Related Terms>
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532215 has been successfully added to your