08-31-2023
INR/share | |
Price | 93.35 |
Dividend | 0.00 |
Earnings | 4.01 |
Cash-flow | 7.84 |
Book value | 38.90 |
Equity | 35.49 |
IDFC Bank is part of Banks business, which is part of Financials industry. IDFC Bank is a company from India, and his stocks are publicly traded.
IDFC Bank stock dividend
IDFC Bank paid a total dividend of 0 million INR last year, for a market value of 617,884 millions (Market Cap 302,770 millions). IDFC Bank dividend per share is 0.00 INR, and his stock market price 93.35 INR.
According to the chart below where dividend yield is displayed, IDFC Bank, has a dividend yield of 0%, amount in contrast with the positive dividend offered by both the market average and companies from India, Financials industry, and Banks sector. This lack of dividends of IDFC Bank might harm the evolution of share price if the company is not clearly expanding his business.
In addition, you should compare IDFC Bank stocks dividend with other Banks companies or other of the best India dividend stocks list.
IDFC Bank Dividend Payout
About the ability of IDFC Bank to maintain his current dividend of INR 0.00 per share, an amount that accounts for 0.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). IDFC Bank payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.
The following figure shows payout ratios over earnings and cashflow of IDFC Bank, compared againt world market average, India companies, Financials industry and Banks sector companies.
IDFC Bank Dividend History
Below you will find a table with the historical evolution of IDFC 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 | 0.00% | 0.00 | 0.00% | 6,619 |
2022 | 0.00% | 0.00 | 0.00% | 6,218 |
2021 | 0.00% | 0.00 | 0.00% | 6,200 |
2020 | 0.00% | 0.00 | 0.00% | 5,672 |
2019 | 1.66% | 0.75 | -18.75% | 4,782 |
2018 | 1.73% | 0.75 | 34.88% | 4,092 |
2017 | 1.38% | 0.75 | 25.00% | 3,399 |
2016 | 0.37% | 0.25 | 18.12% | 3,393 |
2015 | 0.00% | 0.00 | 0.00% | 1,591 |
*In millions
Then you can see the evolution of IDFC Bank dividend stock, and compare it with the average of India stocks and that of the Banks stocks.
IDFC Bank Stock performance
Finally, last moth IDFC Bank showed a return of 7.10% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 89.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Banks firms.