Home

Canara Bank Dividend

Image

Canara Bank

NSE: CANBK

Dividend Payout (Final)

₹ 3.22

Ex-Dividend Date: Jun 14, 2024

Key Highlights

  • The dividend payouts of Canara Bank changed from ₹ 3.22 to ₹ 4.5 over 6 quarters. This represents a CAGR of 25.00% .
  • The Latest Trading Price of Canara Bank is ₹ 109.1 as of 06 Dec 15:30 .

swot
swot

Monitoring Canara Bank share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Canara Bank

Fiscal Year
leftDividend Payout (₹)right
2023-243
2022-2312
2021-227
2016-171
2014-1511

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

Image

Canara Bank

NSE: CANBK

Share Price

₹ 109.1

0.95 (0.88%)

stock direction

Last updated on: Dec 06, 2024

Company Fundamentals for Canara Bank

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Canara Bank

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Canara Bank

Historical Market Cap of Canara Bank

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Canara Bank

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Canara Bank News Hub

Canara Bank gains after RBI nod to divest stake in two entities

The bank will divest its stake in Canara Robeco Asset Management Company (AMC) and Canara HSBC Life

Read more

06 Dec 2024 13:02

Canara Bank spurts 1.16%, up for third straight session

Canara Bank gained for a third straight session today. The stock is quoting at Rs 102.15, up 1.16% o

Read more

26 Nov 2024 13:05

Canara Bank gains after Q2 PAT rises 11% YoY to Rs 4,015 cr

Net interest income (NII) grew by 4.63% to Rs 9,315 crore in Q2 FY25 as against Rs 8,903 crore poste

Read more

29 Oct 2024 14:14

Canara Bank to table results

Canara Bank will hold a meeting of the Board of Directors of the Company on 29 October 2024. Powered

Read more

19 Oct 2024 10:07

Canara Bank revises MCLRs across tenors

Canara Bank has revised the Marginal Cost of Funds Based Lending Rate (MCLR) of the bank with effect

Read more

10 Oct 2024 18:41

Canara Bank eases for fifth straight session

Canara Bank dropped for a fifth straight session today. The stock is quoting at Rs 103.71, down 3.63

Read more

07 Oct 2024 13:35

About Canara Bank

  • Canara Bank is a state-owned commercial bank with headquarters in Bangalore.
  • The Bank provides a range of products and services to the customers.
  • Across the borders, the Bank has 8 branches, one each at London, Leicester, Hong Kong, Shanghai, Manama, Johannesburg, New York and DIFC (Dubai) & a Representative Office at Sharjah, UAE. Canara Bank was incorporated on July 1, 1906 with the name Canara Hindu Permanent Fund Ltd. In the year 1910, the name of the Bank was changed from Canara Hindu Permanent Fund Ltd to Canara Bank Ltd. In July 19, 1969, the Bank was nationalized along with 14 major banks in the country.
  • In the year 1976, they inaugurated their 1000th branch. In the year 1983, the Bank inaugurated an overseas branch at London.
  • In the year 1984, Laksmi Commercial Bank Ltd was amalgamated with the Bank.

FAQs for Dividends of Canara Bank

What is the current market price of Canara Bank as of December 7, 2024?

The current market price of Canara Bank stands at 109.1 per share.

What dividend did Canara Bank declare in the last fiscal year?

In the last fiscal year, Canara Bank declared a dividend totaling ₹12.0.

What is the most recent dividend declared by Canara Bank?

Canara Bank has declared dividend worth ₹0.0 in the latest quarter..

How many times has Canara Bank declared dividends in the current fiscal year?

Canara Bank has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Canara Bank declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Canara Bank declared dividends 4 times totaling ₹12.0.

What is Dividend Yield of Canara Bank?

The Canara Bank's Dividend Yield is 3.0 as of December 7, 2024

Will I get Canara Bank dividend if I have shares?

If you purchase Canara Bank stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Canara Bank dividend if I sell my shares?

Shareholders who sell their Canara Bank stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Canara Bank dividend?

To be eligible for the Canara Bank dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Canara Bank dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Canara Bank dividend amount will be automatically credited to your bank account.

Will I get Canara Bank dividend if I have shares?

If you purchase Canara Bank stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions