South Indian Bank Dividend Date 2023: The renowned South Indian Bank, known for its consistent presence in the banking industry, is getting ready to announce its next dividend. For shareholders and anybody interested in the bank’s future growth, this event is of utmost importance.
South Indian Bank is preparing to offer yet another gratifying experience with a focus on providing value to its investors.
The South Indian Bank share is ready to grab attention in the financial world as anticipation grows. It is anticipated that the much anticipated South Indian Bank dividend 2023 would strengthen the bank’s dedication to producing reliable returns and boosting shareholder confidence.
Latest Updates Of South Indian Bank Limited
- Central private sector bank South Indian Bank Limited (SIB) is headquartered in Thrissur, Kerala, India.
- The institution had an extensive system of 935 banking locations as of March 31st, 2022.
- Across 26 States and 4 Union Territories, 928 branches, 1 extension counter, 3 satellite branches, and 3 ultra-small branches, they are totaling 1270 ATMs/CRMs (1149 ATMs and 121 CRMs).
South Indian Bank Dividend Date 2023
| Company | South Indian Bank Limited |
| Sector | Banking |
| Announced Date | 11 May, 2023 |
| Ex-Date | 17 August, 2023 |
| Record Date | – |
| Dividend Type | Final |
| Dividend Percentage | 30 % |
| Dividend Amount | 0.30 |
| More Upcoming Dividends | Check Here |
South Indian Bank Past Dividend History
| 09-07-2019 | 25 |
| 03-07-2018 | 40 |
| 03-07-2017 | 40 |
| 30-06-2016 | 50 |
| 07-07-2015 | 60 |
| 08-07-2015 | 80 |
South India Bank Company Fundamental
| Market Capitalization | 4405.22 cr. |
| PB Ratio | 0.65 |
| PE Ratio | 5.11 |
| Face Value | 1.00 |
In comparison to the sector P/E of 9.38, South Indian Bank‘s TTM P/E ratio is 4.68. South Indian Bank has received initial coverage from 5 analysts. It has received buy ratings from 1 analyst and a strong buy recommendation from 2 analysts. The stock has received a sell rating from 0 analysts.
What Is The Future Of South Indian Bank stock?
The success of South Indian Bank’s finances, the state of the economy, and market movements are just a few of the variables that will affect the stock’s future.
Analyzing the bank’s tactics, use of technology, and capacity to overcome market obstacles is crucial. To assess the risks and potential growth of a stock, investors should pay particular attention to these factors.
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