Kotak Mahindra Bank Ltd sets sights on Final Dividend release for 2024
0.1%
Div. Yield
2.18%
Payout Rat.
Kotak Mahindra Bank Ltd has announced an Final Dividend for the year 2024, amounting to ₹2.00 per share. Ensure you own the shares before July 18, 2024, as this is the ex-dividend date for eligibility. The stock is currently priced at ₹1826.75.
Continuing from the Final Dividend of ₹1.50 per share paid in 2023, the dividend payout ratio of 2.18% reflects the portion of earnings distributed to shareholders. The dividend yield of 0.10% shows how the dividend compares to the current stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.11% |
| 2023 | 0.08% |
| 2022 | 0.06% |
| 2021 | 0.05% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 18, 2024 | ₹2.00 | Final Dividend | ₹1826.75 |
| August 3, 2023 | ₹1.50 | Final Dividend | ₹1823.25 |
| August 10, 2022 | ₹1.10 | Dividend | ₹1828.35 |
| August 10, 2021 | ₹0.90 | Dividend | ₹1813.25 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 2.82% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.65% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.35% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.57% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.51% |
FAQs
Kotak Mahindra Bank Ltd has declared dividend worth ₹2.00
Kotak Mahindra Bank Ltd has declared dividend on July 18, 2024
As of February 17, 2025, the dividend yield for Kotak Mahindra Bank Ltd is 0.10%
The most recent dividend payment for Kotak Mahindra Bank Ltd was ₹2.00 per share.
The current dividend payout ratio for Kotak Mahindra Bank Ltd is 2.18%