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Tamilnad Mercantile Bank Limited (IN:TMB)
:TMB
Dividend Data
Last Ex-Dividend Date
Sep 20, 2024Payment date
Oct 27, 2024
Oct 27, 2024
Dividend Amount Per Share
₹10Annually
Dividend Yield
2.23%Sector: Financial
Sector Average: 1.415%
Sector Average: 1.415%
Payout Ratio
13.39%Dividend Growth
2 years Since 2023
Last 3 Months
TMB Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Sep 20, 2024 | Sep 20, 2024 | Oct 27, 2024 | Annually | Aug 29, 2024 | ₹10.00 |
Aug 29, 2023 | Aug 29, 2023 | Oct 05, 2023 | Not Available | Aug 18, 2023 | ₹5.00 |
Feb 24, 2023 | Feb 24, 2023 | Mar 16, 2023 | Not Available | Feb 15, 2023 | ₹5.00 |
FAQ
Does Tamilnad Mercantile Bank Limited pay dividends?
Yes, IN:TMB has paid a dividend within the past 12 months.
How much is Tamilnad Mercantile Bank Limited's dividend?
IN:TMB pays a dividend of ₹10 per share. IN:TMB's annual dividend yield is 2.23%.
When is Tamilnad Mercantile Bank Limited ex-dividend date?
Tamilnad Mercantile Bank Limited's previous ex-dividend date was on Sep 20, 2024. Tamilnad Mercantile Bank Limited shareholders who own IN:TMB stock before this date received Tamilnad Mercantile Bank Limited's last dividend payment of ₹10 per share on Oct 27, 2024. IN:TMB's next ex-dividend date has not been announced yet.
When is Tamilnad Mercantile Bank Limited dividend payment date?
Tamilnad Mercantile Bank Limited’s next quarterly payment date is on Oct 27, 2024, when Tamilnad Mercantile Bank Limited shareholders who owned IN:TMB shares before Sep 20, 2024 received a dividend payment of ₹10 per share. Add IN:TMB to your watchlist to be reminded of IN:TMB's next dividend payment.
Does Tamilnad Mercantile Bank Limited have sufficient earnings to cover their dividend?
Yes, IN:TMB's past year earnings per share was ₹74.69, and their annual dividend per share is ₹10.00. IN:TMB's dividend payout ratio is 13.39% (₹10.00/₹74.69) which is sustainable.