Tamilnad Mercantile Bank Limit Dividend
Tamilnad Mercantile Bank Limit has declared a total of 3 dividends since August 29, 2023. In the past 12 months, Tamilnad Mercantile Bank Limit distributed ₹23.50 per share as an equity dividend. At the current market price of ₹799.40, Tamilnad Mercantile Bank Limit’s dividend yield is 2.15% for last financial year.
Last updated on 24 Jul, 2026 | 02:58 IST
Tamilnad Mercantile Bank Limit Dividends Details
Announcement Date  | Ex-Dividend Date | Dividend Type | Dividend (Rs) | Dividend % | Record Date  |
|---|---|---|---|---|---|
27-04-2026 | 12-06-2026 | Final | 12.50 | 125.00 | 12-06-2026 |
23-04-2025 | 01-08-2025 | Final | 11.00 | 110.00 | 01-08-2025 |
22-04-2024 | 20-09-2024 | Final | 10.00 | 100.00 | - |
* Dividend percentage is calculated as a percentage of the face value of the share.
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FAQs
When will Tamilnad Mercantile Bank dividend be credited?
The credit of Tamilnad Mercantile Bank dividend to your bank account linked to the Demat account generally takes place within 25 days to 45 days after the record date.
How much dividend Tamilnad Mercantile Bank declared this year FY 2025-2026?
Tamilnad Mercantile Bank has declared dividend worth ₹11.00 in FY 2025-2026
How much dividend Tamilnad Mercantile Bank declared last year FY 2024-2025?
Tamilnad Mercantile Bank has declared dividend worth ₹10.00 in FY 2024-2025
When will Tamilnad Mercantile Bank declare dividend?
Tamilnad Mercantile Bank usually declares dividends during their quarterly or annual earnings announcements at specific dates depending on the company's financial calendar.
How much dividend is paid by Tamilnad Mercantile Bank?
Tamilnad Mercantile Bank has paid a total dividend of ₹33.50 in 2023-2025.