Last Updated: April 24, 2023, 15:13 IST
Private lender ICICI Bank declared a ultimate dividend for its shareholders for the monetary yr ended March 31, 2023.
ICICI Bank Dividend: In the earlier fiscal, the corporate paid Rs 5 dividend per fairness share in August 2022.
ICICI Bank Dividend: Private lender ICICI Bank Ltd declared a ultimate dividend of Rs 8 per fairness share of face worth of Rs 2 on Saturday. The firm in a press release mentioned, “The Board on the Meeting advisable a dividend of 8 /- (Rupees Eight solely) per fairness share of face worth of two/- every.”
ICICI Bank Dividend 2023 Record Date, Payment Date
The record date and payment date of the final dividend of Rs 8 per equity share has not been declared by the company yet. The same will be declared after approval from the shareholders at the AGM.
“The dividend on equity shares, will be paid/dispatched on or after the same is approved by the shareholders at the ensuing Annual General Meeting (AGM) of the Bank,” the corporate in an trade submitting mentioned.
ICICI Bank Dividend History
In the earlier fiscal, the corporate paid Rs 5 dividend per fairness share in August 2022.
ICICI Bank Dividend Yield
The financial institution has a dividend yield of 0.56 per cent.
ICICI Bank This fall Results
ICICI Bank on Saturday reported an increase of 30 per cent in standalone internet revenue of Rs 9,121.87 crore for the quarter ended March 31 2023. This is in opposition to a internet revenue of Rs 7018.71 crore from the corresponding quarter of the earlier monetary yr.
Its internet curiosity earnings (NII), which is the distinction between curiosity earned and expended, rose 24 per cent to Rs 17,666.8 crore from Rs 12.604.6 crore year-on-year (YoY).
The financial institution’s working revenue (Profit earlier than provisions and contingencies) stood at Rs 15,206.19 crore through the quarter below evaluation, up by 31.90 per cent YoY from Rs 31,306.02 crore through the year-ago quarter.
The consolidated internet revenue of the financial institution reached Rs 9,122 crore throughout Q4FY23, up by 30 per cent from Rs 7018.71 Cr in Q4FY22.
ICICI Bank mentioned its complete deposits grew by 10.9 per cent year-on-year to Rs 1,180,841 crore (US$ 143.7billion) throughout March 31, 2023 quarter and the common CASA ratio was 43.6 per cent in This fall-2023. The home mortgage portfolio grew by 20.5 per cent year-on-year and the online NPA ratio declined to 0.48 per cent throughout Q4FY23 from 0.55 per cent in Q3FY23.
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