The Lakshmi Vilas Bank Payout ratio
What is the Payout ratio of The Lakshmi Vilas Bank?
The Payout ratio of The Lakshmi Vilas Bank Limited is 0.00%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Finance sector on NSE compared to The Lakshmi Vilas Bank
What does The Lakshmi Vilas Bank do?
The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, salary, retail institutional, current, and institutional accounts, as well as fixed and recurring deposits; and personal and commercial vehicle, home, jewel, education, deposit, agriculture term, business term, and rental loans, as well as loans against properties and securities. It also provides life, health, and general insurance products; mutual funds; online trading accounts; merchant and cash management services; credit, debit/ATM, prepaid, and gift cards; bill payment and money transfer services; NRI, mobile, and corporate banking services; and safe deposit lockers. In addition, the company offers forex, and export and cash credit services. As of March 31, 2020, it operated a network of 566 branches comprising 558 general banking branches, 7 commercial banking branches, and 1 satellite branch, as well as 7 extension counters and 973 ATMs. The company was founded in 1926 and is based in Chennai, India.
Companies with payout ratio similar to The Lakshmi Vilas Bank
- Art has Payout ratio of -0.30%
- Invesco Asia Trust Plc has Payout ratio of -0.22%
- Jindal Drilling & Industries has Payout ratio of -0.20%
- Tern Properties has Payout ratio of -0.16%
- Henderson Smaller Cos. Investment Trust Plc has Payout ratio of -0.10%
- Pacific Horizon Investment Trust Plc has Payout ratio of -0.05%
- The Lakshmi Vilas Bank has Payout ratio of 0.00%
- The Monks Investment Trust Plc has Payout ratio of 0.01%
- Crestwood Equity Partners LP has Payout ratio of 0.01%
- AVI Global Trust plc has Payout ratio of 0.02%
- Artemis Alpha Trust plc has Payout ratio of 0.03%
- Rights & Issues Investment Trust Plc has Payout ratio of 0.04%
- Strategic Equity Capital Plc has Payout ratio of 0.04%