Has Kotak Mah. Bank declared dividend?
Yes, Kotak Mahindra Bank has declared a 40% dividend, amounting to ₹2 per share, with an ex-date of July 19, 2024. The bank has shown positive total returns over various periods, particularly a 54.99% total return over the last 5 years.
Kotak Mahindra Bank Ltd has declared a 40% dividend.Dividend Details:
- Percentage announced: 40%
- Amount per share: 2 per share
- Ex-date: 19 Jul 24
Dividend Yield: 0.1%.
Total Returns by Period:
In the 6-month period, the price return was 16.65%, with a dividend return of 0%, resulting in a total return of 16.65%.
For the 1-year period, the price return was 19.35%, the dividend return was 0.12%, leading to a total return of 19.47%.
Over the 2-year period, the price return was 5.6%, the dividend return was 0.19%, culminating in a total return of 5.79%.
In the 3-year period, the price return stood at 10.7%, with a dividend return of 0.28%, resulting in a total return of 10.98%.
For the 4-year period, the price return was 14.4%, the dividend return was 0.32%, leading to a total return of 14.72%.
In the 5-year period, the price return was 54.58%, with a dividend return of 0.41%, resulting in a total return of 54.99%.
Overall, Kotak Mahindra Bank has declared a dividend, contributing to a modest dividend yield. The total returns over various periods indicate a generally positive performance, particularly over the longer term, with significant price appreciation in the 5-year period.
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