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. Canara Bank's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Canara Bank's Dividend Payout Ratio or its related term are showing as below:
NSE:CANBK'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 0.18
Current: 0.18
During the past 13 years, the highest Dividend Payout Ratio of Canara Bank was 0.18. The lowest was 0.03. And the median was 0.14.
NSE:CANBK's Dividend Payout Ratio is ranked better than 82.68% of 1172
companies
in the Banks industry
Industry Median: 0.32
vs NSE:CANBK: 0.18
During the past 12 months, Canara Bank's average Dividends Per Share Growth Rate was 24.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 45.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canara Bank was 45.40% 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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Canara Bank (NSE:CANBK) 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.
Canara Bank Dividend Payout Ratio Related Terms
Canara Bank Dividend Payout Ratio Historical Data
* Premium members only.
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.
Canara Bank Dividend Payout Ratio Competitor Comparison
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 Dividend Payout Ratio vs 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.
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.
Canara Bank's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:CANBK) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canara Bank and its competitors. Over the past decade, Canara Bank's Dividend Payout Ratio has ranged from 0.03 to 0.18. According to the industry distribution chart, Canara Bank ranks #203 out of 1172 companies in the Banks industry, placing it in the top 17.3%.
Is Canara Bank's Dividend Payout Ratio too high?
Canara Bank's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.18. Based on the distribution chart, Canara Bank ranks #203 out of 1172 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Canara Bank has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canara Bank's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, Canara Bank ranks #203 out of 1172 companies for Dividend Payout Ratio. This places Canara Bank in the top 17% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. Historically, Canara Bank's own Dividend Payout Ratio has ranged from 0.03 to 0.18 over the past decade. 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 1,172 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. 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 Canara Bank 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. Canara Bank's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canara Bank stock overvalued right now?
Based on GuruFocus' analysis, Canara Bank (NSE:CANBK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹98.71, compared to a current price of ₹121.15 — trading 22.7% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Canara Bank's overall GF Score™ is 64/100 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 Canara Bank (NSE:CANBK), the current Dividend Payout Ratio is 0.00 as of Mar. 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 Canara Bank (NSE:CANBK) Overvalued in 2026?
Based on GuruFocus' analysis, Canara Bank stock appears to be overvalued.
The current stock price of ₹121.15 is trading 22.7% above its estimated GF Value™ of ₹98.71.
GuruFocus considers Canara Bank to be Modestly Overvalued.
Key valuation signals for NSE:CANBK:
Dividend Payout Ratio: 0.00
GF Value™: ₹98.71 vs. price of ₹121.15 (22.7% above fair value)
No single metric tells the full story. See the NSE:CANBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canara Bank is an India-based commercial bank. The Bank's core business activities are closely aligned with national development priorities, with focus on financing agriculture, education, housing, social infrastructure, renewable energy, microfinance and extending credit support to vulnerable sections. Its core segments are Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Business. The bank generates majority of revenue from Retail Banking include conventional deposit products such as savings, current and term deposit accounts, along with investment solutions through mutual funds and insurance offerings. The bank has presence in India and also Has international presence of which majority of revenue comes from India.
64GF Score
Get the complete analysis for NSE:CANBK
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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