Axis Bank Dividend yield

Axis Bank is part of Banks business, which is part of Financials industry. Axis Bank is a company from India, and his stocks are publicly traded.

Axis Bank stock dividend

Axis Bank paid a total dividend of 2,986 million INR last year, for a market value of 2,996,433 millions (Market Cap 2,217,220 millions). Axis Bank dividend per share is 0.97 INR, and his stock market price 973.50 INR.

According to the chart below, where dividend yield is displayed, Axis Bank has a dividend yield of 0.10%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Axis Bank stocks dividend with other Banks companies or other of the high India dividend stocks list.

Axis Bank Dividend Payout

About the ability of Axis Bank to maintain his current dividend of INR 0.97 per share, an amount that accounts for 0.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Axis Bank payout on ernings is currently 2.76%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Axis Bankcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Axis Bank is INR 135.21 per share, which is higher than the dividend per share paid by the company of INR 0.97, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Axis Bank, compared againt world market average, India companies, Financials industry and Banks sector companies.

Axis Bank Dividend History

Below you will find a table with the historical evolution of Axis Bank's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	0.10%	0.97	2.76%	3,078
2022	0.11%	1.03	2.24%	3,071
2021	0.00%	0.00	0.00%	3,064
2020	0.00%	0.00	0.00%	3,060
2019	0.13%	0.98	5.48%	2,819
2018	0.81%	5.02	0.00%	2,568
2017	0.89%	5.02	30.44%	2,397
2016	1.06%	4.98	14.20%	2,376
2015	0.98%	4.60	14.71%	2,376

*In millions

Then you can see the evolution of Axis Bank dividend stock, and compare it with the average of India stocks and that of the Banks stocks.

Axis Bank Stock performance

Finally, last moth Axis Bank showed a return of 2.10% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 29.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Banks firms.