Axis Bank (AXISBANK.NS) Dividends
Market Cap: $3.41T
Avg Volume: 8.77M
Industry: Banks - Regional
Sector: Financial Services
Dividend Overview
Axis Bank (AXISBANK.NS) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $1
- Ex-Dividend Date: July 12, 2024
- Total Dividends Paid (Last Year): $3.08B
Dividend Metrics
- Dividend Yield: 0.09%
- Payout Ratio: 1.17%
- Dividend Growth (YoY): -0.27%
Dividend Yield
0.09%
Dividend Payout Ratio
1.17%
Dividend Paid & Capex Coverage Ratio
18.16x
Axis Bank pays an annual dividend of $1 per share. This means that for each share you own, you'll receive $1 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was July 12, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Axis Bank paid a total of $3.08B in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Axis Bank's dividend yield stands at 0.09%. To put this in perspective, if you invest $100 in Axis Bank's stock at the current price, you can expect to receive approximately $0.09 in annual dividend income.
The company's dividend payout ratio is 1.17%. This means that Axis Bank is distributing 1.17% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Axis Bank's dividend has decreased by -0.27%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Axis Bank (AXISBANK.NS) dividend payments have grown -0.27% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Axis Bank Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $1 | $1 | July 12, 2024 | July 12, 2024 | August 25, 2024 | |
| $1 | $1 | July 07, 2023 | July 12, 2024 | August 01, 2024 | |
| $1 | $1 | July 07, 2022 | July 08, 2022 | August 28, 2022 | |
| $1 | $1 | July 04, 2019 | July 05, 2019 | August 19, 2019 | April 25, 2019 |
| $5 | $5 | July 06, 2017 | July 07, 2017 | August 08, 2017 | April 26, 2017 |
| $5 | $5 | July 07, 2016 | July 08, 2016 | August 22, 2016 | April 26, 2016 |
| $4.6 | $4.6 | July 09, 2015 | July 11, 2015 | August 06, 2015 | April 29, 2015 |
| $20 | $4 | June 12, 2014 | June 14, 2014 | July 08, 2014 | April 25, 2014 |
| $18 | $3.6 | July 05, 2013 | July 08, 2013 | July 20, 2013 | April 25, 2013 |
| $16 | $3.2 | June 14, 2012 | June 15, 2012 | July 02, 2012 | April 27, 2012 |
| $14 | $2.8 | June 08, 2011 | June 09, 2011 | June 27, 2011 | April 22, 2011 |
| $12 | $2.4 | May 20, 2010 | May 22, 2010 | June 09, 2010 | April 20, 2010 |
| $10 | $2 | May 14, 2009 | May 18, 2009 | June 02, 2009 | April 20, 2009 |
| $6 | $1.2 | May 22, 2008 | May 26, 2008 | July 01, 2008 | April 21, 2008 |
| $4.5 | $0.9 | May 17, 2007 | May 21, 2007 | June 05, 2007 | April 17, 2007 |
| $3.5 | $0.7 | May 16, 2006 | May 18, 2006 | June 03, 2006 | April 17, 2006 |
| $2.8 | $0.56 | May 20, 2005 | May 25, 2005 | June 09, 2005 | April 21, 2005 |
| $2.5 | $0.5 | May 28, 2004 | June 01, 2004 | June 16, 2004 | April 29, 2004 |
| $2.2 | $0.44 | June 09, 2003 | June 11, 2003 | June 26, 2003 | May 07, 2003 |
| $2 | $0.4 | June 26, 2002 | July 01, 2002 | July 16, 2002 | May 02, 2002 |
| $1.5 | $0.3 | June 04, 2001 | June 20, 2001 | July 01, 2001 | May 07, 2001 |
| $1.2 | $0.24 | April 28, 2000 | May 16, 2000 | June 01, 2000 | April 07, 2000 |
| $1 | $0.2 | June 16, 1999 |