Dividend Yield: 4.8%

D. B. Corp's dividend yield ranks in the top 25% of Indian companies, supported by a payout ratio of 65.2%, indicating coverage by earnings and cash flows. However, its dividend history has been volatile and unreliable over the past decade, with recent decreases noted. Despite this instability, earnings have shown significant growth recently, which could support future dividends if sustained. The company declared an interim dividend of ₹7 per share for FY 2024-25.

• Delve into the full analysis dividend report here for a deeper understanding of D. B.

• Our comprehensive valuation report raises the possibility that D. B is priced lower than what may be justified by its financials.

Ujjivan Small Finance Bank

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Ujjivan Small Finance Bank Limited offers a range of banking and financial services in India, with a market cap of ₹78.20 billion.

Operations: Ujjivan Small Finance Bank Limited's revenue is primarily derived from its Retail Banking segment, which contributes ₹58.71 billion, followed by Treasury at ₹7.58 billion and Wholesale Banking at ₹1.44 billion.

Dividend Yield: 3.7%

Ujjivan Small Finance Bank's dividend yield is among the top 25% in India, with a low payout ratio of 22.6%, suggesting strong coverage by earnings. However, its short and volatile dividend history raises concerns about reliability. Recent regulatory approval for an Authorised Dealer Category 1 Licence could enhance operational capabilities, but high non-performing loans at 2.3% remain a risk factor. Despite these challenges, the bank trades below estimated fair value and analyst price targets, indicating potential growth opportunities.

• Click here and access our complete dividend analysis report to understand the dynamics of Ujjivan Small Finance Bank.

• Insights from our recent valuation report point to the potential undervaluation of Ujjivan Small Finance Bank shares in the market.

Summing It All Up

• Dive into all 20 of the Top Indian Dividend Stocks we have identified here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NSEI:BANKBARODA NSEI:DBCORP and NSEI:UJJIVANSFB.

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