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IDBI Bank (BOM:500116) Dividend Yield % : 1.09% (As of Apr. 30, 2024)


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What is IDBI Bank Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of IDBI Bank is 1.09%.

Warning Sign:

IDBI Bank Ltd stock dividend yield is close to 1-year low.

The historical rank and industry rank for IDBI Bank's Dividend Yield % or its related term are showing as below:

BOM:500116' s Dividend Yield % Range Over the Past 10 Years
Min: 1.09   Med: 1.46   Max: 1.81
Current: 1.09

During the past 13 years, the highest Dividend Yield of IDBI Bank was 1.81%. The lowest was 1.09%. And the median was 1.46%.

BOM:500116's Dividend Yield % is ranked worse than
91.89% of 1208 companies
in the Banks industry
Industry Median: 3.995 vs BOM:500116: 1.09

IDBI Bank's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of IDBI Bank was 0.51. The lowest was 0.05. And the median was 0.28.

As of today (2024-04-30), the Forward Dividend Yield % of IDBI Bank is 1.09%.

IDBI Bank's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IDBI Bank was 40.10% per year. The lowest was -63.40% per year. And the median was 15.35% per year.

The growth rate is calculated with least square regression.

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


IDBI Bank Dividend Yield % Historical Data

The historical data trend for IDBI Bank's Dividend Yield % 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.

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IDBI Bank Dividend Yield % Chart

IDBI Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

IDBI Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 - - - 1.41 1.48

Competitive Comparison of IDBI Bank's Dividend Yield %

For the Banks - Regional subindustry, IDBI Bank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


IDBI Bank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IDBI Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where IDBI Bank's Dividend Yield % falls into.



IDBI Bank Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

IDBI Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.0000002023-07-062023-07-072023-07-14Cash DividendannuallyINR: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.

IDBI Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/91.76
=1.09 %

Current Share Price is ₹91.76.
IDBI Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.

IDBI Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/91.76
=1.09 %

Current Share Price is ₹91.76.
IDBI Bank's Dividends per Share for the forward twelve months is calculated as ₹1 * 1 = ₹1.

* 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.


IDBI Bank  (BOM:500116) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


IDBI Bank Dividend Yield % Related Terms

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


IDBI Bank (BOM:500116) Business Description

Traded in Other Exchanges
Address
IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai, MH, IND, 400005
IDBI Bank Ltd is an India-based company that is principally engaged in banking. The company's business segments include wholesale banking, retail banking, and treasury services, with wholesale banking and retail banking jointly contributing the majority of total revenue. In addition to its banking business, the company is also involved in capital markets, investment banking, and mutual fund businesses. The company operates through a branch network across India. Its operations are concentrated in India, with a presence in overseas markets as well.

IDBI Bank (BOM:500116) Headlines

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