Canara Bank (BOM:532483) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Canara Bank Dividend Payout Ratio?

Canara Bank's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

BOM:532483' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.14
Current: 0.14

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.

BOM:532483's Dividend Payout Ratio is ranked better than
88.05% of 1088 companies
in the Banks industry
Industry Median: 0.35 vs BOM:532483: 0.14

As of today (2024-05-17), the Dividend Yield % of Canara Bank is 2.11%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canara Bank was 19.88%. The lowest was 1.71%. And the median was 10.80%.

Canara Bank's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Canara Bank's average Dividends Per Share Growth Rate was 84.60% per year.

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.

The growth rate is calculated with least square regression.

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

Canara Bank Dividend Payout Ratio Historical Data

The historical data trend for Canara Bank'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.

* Premium members only.

Canara Bank Dividend Payout Ratio Chart

Canara Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.11

0.14

Canara Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.58	-	-	-

Competitive Comparison of Canara Bank's Dividend Payout Ratio

For the Banks - Regional subindustry, Canara Bank'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.

Canara Bank's Dividend Payout Ratio Distribution in the Banks Industry

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

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

Canara Bank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Canara Bank's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	12	/	84.22
	=	0.14

Canara Bank's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	21.78
	=	0.00

Canara Bank (BOM:532483) Dividend Payout Ratio Explanation

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.

Canara Bank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Canara Bank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canara Bank (BOM:532483) Business Description

Industry

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Traded in Other Exchanges

CANBK:India

Address

No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002

Website

https://www.canarabank.com

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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