08-31-2023
INR/share | |
Price | 238.75 |
Dividend | 1.50 |
Earnings | 17.05 |
Cash-flow | 23.64 |
Book value | 217.05 |
Equity | 215.82 |
RBL Bank is part of Banks business, which is part of Financials industry. RBL Bank is a company from India, and his stocks are publicly traded.
RBL Bank stock dividend
RBL Bank paid a total dividend of 900 million INR last year, for a market value of 143,250 millions (Market Cap 105,929 millions). RBL Bank dividend per share is 1.50 INR, and his stock market price 238.75 INR.
According to the chart below, where dividend yield is displayed, RBL Bank has a dividend yield of 0.63%, 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 RBL Bank stocks dividend with other Banks companies or other of the best India dividend stocks list.
RBL Bank Dividend Payout
About the ability of RBL Bank to maintain his current dividend of INR 1.50 per share, an amount that accounts for 0.63%, we should study its payout ratio both on earnings and on cash-flows (see chart below). RBL Bank payout on ernings is currently 8.80%, 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 RBL 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 RBL Bank is INR 23.64 per share, which is higher than the dividend per share paid by the company of INR 1.50, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of RBL Bank, compared againt world market average, India companies, Financials industry and Banks sector companies.
RBL Bank Dividend History
Below you will find a table with the historical evolution of RBL 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 | 0.63% | 1.50 | 8.80% | 600 |
2022 | 0.00% | 0.00 | 0.00% | 600 |
2021 | 0.00% | 0.00 | 0.00% | 598 |
2020 | 1.82% | 4.21 | 44.83% | 598 |
2019 | 0.78% | 2.69 | 13.42% | 427 |
*In millions
RBL Bank Stock performance
Finally, last moth RBL Bank showed a return of 4.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 95.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Banks firms.