08-31-2023
INR/share | |
Price | 187.15 |
Dividend | 5.50 |
Earnings | 28.79 |
Cash-flow | 74.86 |
Book value | 207.94 |
Equity | 190.66 |
Bank of Baroda is part of Banks business, which is part of Financials industry. Bank of Baroda is a company from India, and his stocks are publicly traded.
Bank of Baroda stock dividend
Bank of Baroda paid a total dividend of 28,441 million INR last year, for a market value of 967,753 millions (Market Cap 193,564 millions). Bank of Baroda dividend per share is 5.50 INR, and his stock market price 187.15 INR.
According to the chart below, where dividend yield is displayed, Bank of Baroda has a dividend yield of 2.94%, 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 Bank of Baroda stocks dividend with other Banks companies or other of the highest India dividend stocks list.
Bank of Baroda Dividend Payout
About the ability of Bank of Baroda to maintain his current dividend of INR 5.50 per share, an amount that accounts for 2.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bank of Baroda payout on ernings is currently 19.10%, 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 Bank of Barodacan 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 Bank of Baroda is INR 74.86 per share, which is higher than the dividend per share paid by the company of INR 5.50, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Bank of Baroda, compared againt world market average, India companies, Financials industry and Banks sector companies.
Bank of Baroda Dividend History
Below you will find a table with the historical evolution of Bank of Baroda'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 | 2.94% | 5.50 | 19.10% | 5,171 |
2022 | 1.53% | 2.84 | 18.66% | 5,171 |
2021 | 0.00% | 0.00 | 0.00% | 5,171 |
2020 | 0.00% | 0.00 | 0.00% | 4,621 |
2019 | 0.00% | 0.00 | 0.00% | 3,847 |
2018 | 1.01% | 1.20 | -16.88% | 2,646 |
2017 | 0.75% | 1.20 | 15.23% | 2,304 |
2016 | 1.95% | 3.20 | -14.62% | 2,304 |
2015 | 1.78% | 3.20 | 18.14% | 2,212 |
*In millions
Then you can see the evolution of Bank of Baroda dividend stock, and compare it with the average of India stocks and that of the Banks stocks.
Bank of Baroda Stock performance
Finally, last moth Bank of Baroda showed a return of -7.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 43.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Banks firms.