Union Bank of India (BOM:532477) Dividend Payout Ratio: 0.68 (As of Jun. 2026) — 325% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532477 Union Bank of India BOM:532477
52 GF Score
Price ₹171.15
GF Value ₹141.05
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Union Bank of India Dividend Payout Ratio?

Union Bank of India BOM:532477 +0.41% 52 Dividend Payout Ratio is 0.68 as of Jun. 2026, which is 325% above its 10-year median of 0.16. GuruFocus rates BOM:532477 with a GF Score™ of 52/100 and a GF Value™ of ₹141.05 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,173 Banks companies, Union Bank of India ranks worse than 55.67% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Union Bank of India's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.68.

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

BOM:532477' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.16   Max: 0.36
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Union Bank of India was 0.36. The lowest was 0.15. And the median was 0.16.

BOM:532477's Dividend Payout Ratio is ranked worse than
55.67% of 1173 companies
in the Banks industry
Industry Median: 0.32 vs BOM:532477: 0.36

As of today (2026-08-01), the Dividend Yield % of Union Bank of India is 2.92%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Union Bank of India was 5.98%. The lowest was 1.87%. And the median was 2.75%.

Union Bank of India's Dividends per Share for the months ended in Jun. 2026 was ₹5.00.

During the past 12 months, Union Bank of India's average Dividends Per Share Growth Rate was 170.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Union Bank of India was 40.10% per year. The lowest was -45.40% per year. And the median was 17.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Union Bank of India (BOM:532477) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Union Bank of India Dividend Payout Ratio Related Terms

Union Bank of India Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Union Bank of India'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.

Union Bank of India Dividend Payout Ratio Chart

Union Bank of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.15 0.16 0.15 0.19

Union Bank of India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.82 0.00 0.00 0.68

Union Bank of India Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, Union Bank of India'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.

Union Bank of India Dividend Payout Ratio vs Banks Industry

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

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


BOM:532477
52GF Score
Union Bank of India BOM:532477
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Bank of India Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Union Bank of India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=4.75/ 25.443
=0.19

Union Bank of India's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=5/ 7.39
=0.68

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.68 mean?
Union Bank of India (BOM:532477) has a Dividend Payout Ratio of 0.68 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Union Bank of India and its competitors. This is 325% above median its historical median of 0.16. Over the past decade, Union Bank of India's Dividend Payout Ratio has ranged from 0.15 to 0.36. According to the industry distribution chart, Union Bank of India ranks #653 out of 1173 companies in the Banks industry, placing it in the top 55.7%.
Is Union Bank of India's Dividend Payout Ratio too high?
Union Bank of India's current Dividend Payout Ratio of 0.68 is 325% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.36. The Banks industry median Dividend Payout Ratio is 0.32. Union Bank of India's value of 0.68 is 112.5% above this industry median. Based on the distribution chart, Union Bank of India ranks #653 out of 1173 companies in the Banks industry, which is below the industry midpoint. Overall, Union Bank of India has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of India's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, Union Bank of India ranks #653 out of 1173 companies for Dividend Payout Ratio. This places Union Bank of India in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Union Bank of India's value of 0.68 is 112.5% above this benchmark. Historically, Union Bank of India's own Dividend Payout Ratio has ranged from 0.15 to 0.36 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.32, Union Bank of India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,173 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Bank of India's current Dividend Payout Ratio of 0.68 is 112.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Union Bank of India and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of India's current Dividend Payout Ratio is 0.68, which is 325% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of India stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of India (BOM:532477) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹141.05, compared to a current price of ₹171.15 — trading 21.3% above its estimated fair value. The current Dividend Payout Ratio is 0.68, which is 325% above median its 10-year median of 0.16 and 112.5% above the Banks industry median of 0.32. Union Bank of India's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Union Bank of India (BOM:532477), the current Dividend Payout Ratio is 0.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Union Bank of India (BOM:532477) Overvalued in 2026?

Based on GuruFocus' analysis, Union Bank of India stock appears to be overvalued. The current stock price of ₹171.15 is trading 21.3% above its estimated GF Value™ of ₹141.05. GuruFocus considers Union Bank of India to be Modestly Overvalued.

Key valuation signals for BOM:532477:

  • Dividend Payout Ratio: 0.68 (325% above median its 10-year median of 0.16)
  • GF Value™: ₹141.05 vs. price of ₹171.15 (21.3% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 112.5% above the Banks median (#653 of 1173)

No single metric tells the full story. See the BOM:532477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Union Bank of India Business Description

Other Exchanges UNIONBANK:India
Address 239, Vidhan Bhavan Marg, Investor Services Division, Union Bank Bhavan, 12th Floor, Board Secretarial, Nariman Point, Mumbai, MH, IND, 400 021
Union Bank of India is a banking and financial services statutory body engaged in providing products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank has four segments Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations and(w/w Digital Banking Segment), and Other Banking Operations. The bank generates majority of Income from Retail Banking Operations.
52GF Score

Get the complete analysis for BOM:532477

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹171.15
Price
₹141.05
GF Value