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Tamilnad Mercantile Bank Limited (IN:TMB)
:TMB
Dividend Data
Next Ex-Dividend Date
Aug 01, 2025Payment date
Sep 07, 2025
Sep 07, 2025
Dividend Amount Per Share
₹10Annually
Dividend Yield
2.23%Sector: Financial
Sector Average: 1.386%
Sector Average: 1.386%
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 | ― | ₹10.00 |
Aug 29, 2023 | Aug 29, 2023 | Oct 05, 2023 | Semi Annually | ― | ₹5.00 |
Feb 24, 2023 | Feb 24, 2023 | Mar 16, 2023 | Semi Annually | ― | ₹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 upcoming ex-dividend date is on Aug 01, 2025. Tamilnad Mercantile Bank Limited shareholders who own IN:TMB stock before this date will receive Tamilnad Mercantile Bank Limited's next dividend payment of ₹10 per share on Sep 07, 2025. Add IN:TMB to your watchlist to be reminded before Tamilnad Mercantile Bank Limited's ex-dividend date.
When is Tamilnad Mercantile Bank Limited dividend payment date?
Tamilnad Mercantile Bank Limited's next dividend payment date is on Sep 07, 2025, when Tamilnad Mercantile Bank Limited shareholders who own IN:TMB shares before Aug 01, 2025 will receive 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 ₹18.43, and their annual dividend per share is ₹10.00. IN:TMB's dividend payout ratio is 13.39% (₹10.00/₹18.43) which is sustainable.