Tamilnad Mercantile BankNSE:TMB -4.04%57 Dividend Yield % is 1.64% as of Jun. 26, 2026, which is 16% below its 10-year median of 1.95. GuruFocus rates NSE:TMB with a GF Score™ of 57/100 and a GF Value™ of ₹560.53 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,251 Banks companies, Tamilnad Mercantile Bank ranks worse than 82.65% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Tamilnad Mercantile Bank is 1.64%.
The historical rank and industry rank for Tamilnad Mercantile Bank's Dividend Yield % or its related term are showing as below:
NSE:TMB'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.84 Med: 1.95 Max: 2.59
Current: 1.64
During the past 7 years, the highest Dividend Yield of Tamilnad Mercantile Bank was 2.59%. The lowest was 0.84%. And the median was 1.95%.
NSE:TMB's Dividend Yield % is ranked worse than 82.65% of 1251
companies
in the Banks industry
Industry Median: 3.03
vs NSE:TMB: 1.64
During the past 12 months, Tamilnad Mercantile Bank's average Dividends Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Tamilnad Mercantile Bank was 30.10% per year. The lowest was 30.10% per year. And the median was 30.10% 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.
Tamilnad Mercantile Bank (NSE:TMB) 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.
* 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.
Tamilnad Mercantile Bank Dividend Yield % Competitor Comparison
For the Banks - Regional subindustry, Tamilnad Mercantile 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.
Tamilnad Mercantile Bank Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Tamilnad Mercantile Bank's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tamilnad Mercantile Bank's Dividend Yield % falls into.
Tamilnad Mercantile Bank Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tamilnad Mercantile Bank Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 12.500000
2026-06-12
2026-06-12
2026-08-13
Cash Dividend
annually
INR:INR 1.000000
INR 11.000000
2025-08-01
2025-08-02
2025-08-20
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.
* 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.
Tamilnad Mercantile Bank (NSE:TMB) has a Dividend Yield % of 1.64% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Tamilnad Mercantile Bank and its competitors. This is 16% below median its historical median of 1.95. Over the past decade, Tamilnad Mercantile Bank's Dividend Yield % has ranged from 0.84 to 2.59. According to the industry distribution chart, Tamilnad Mercantile Bank ranks #1034 out of 1251 companies in the Banks industry, placing it in the top 82.7%.
Is Tamilnad Mercantile Bank's Dividend Yield % too high?
Tamilnad Mercantile Bank's current Dividend Yield % of 1.64% is 16% below median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.59. The Banks industry median Dividend Yield % is 3.03. Tamilnad Mercantile Bank's value of 1.64% is 45.9% below this industry median. Based on the distribution chart, Tamilnad Mercantile Bank ranks #1034 out of 1251 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Tamilnad Mercantile Bank has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamilnad Mercantile Bank's Dividend Yield % compare to competitors?
According to the Banks industry distribution chart, Tamilnad Mercantile Bank ranks #1034 out of 1251 companies for Dividend Yield %. This places Tamilnad Mercantile Bank in the lower half of its industry. The industry median Dividend Yield % is 3.03. Tamilnad Mercantile Bank's value of 1.64% is 45.9% below this benchmark. Historically, Tamilnad Mercantile Bank's own Dividend Yield % has ranged from 0.84 to 2.59 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 3.03, Tamilnad Mercantile Bank has consistently been below 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 Yield % for a Banks company?
The median Dividend Yield % among Banks companies is 3.03, based on 1,251 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tamilnad Mercantile Bank's current Dividend Yield % of 1.64% is 45.9% below 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Tamilnad Mercantile Bank and its competitors. For the Banks industry, the median Dividend Yield % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamilnad Mercantile Bank's current Dividend Yield % is 1.64%, which is 16% below median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamilnad Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Tamilnad Mercantile Bank (NSE:TMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹560.53, compared to a current price of ₹732.60 — trading 30.7% above its estimated fair value. The current Dividend Yield % is 1.64%, which is 16% below median its 10-year median of 1.95 and 45.9% below the Banks industry median of 3.03. Tamilnad Mercantile Bank's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Tamilnad Mercantile Bank (NSE:TMB), the current Dividend Yield % is 1.64% as of Jun. 26, 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 Tamilnad Mercantile Bank (NSE:TMB) Overvalued in 2026?
Based on GuruFocus' analysis, Tamilnad Mercantile Bank stock appears to be overvalued.
The current stock price of ₹732.60 is trading 30.7% above its estimated GF Value™ of ₹560.53.
GuruFocus considers Tamilnad Mercantile Bank to be Significantly Overvalued.
Key valuation signals for NSE:TMB:
Dividend Yield %: 1.64% (16% below median its 10-year median of 1.95)
GF Value™: ₹560.53 vs. price of ₹732.60 (30.7% above fair value)
Industry Position: 45.9% below the Banks median (#1034 of 1251)
No single metric tells the full story. See the NSE:TMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamilnad Mercantile Bank Ltd is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate and Wholesale banking, Retail banking, and Other banking Operations. It generates the majority of its revenue from the Retail banking segment.
57GF Score
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Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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