City Union Bank dividend

City Union Bank (CUB) is one of the most efficient banks in India. They are having 202 branches, it is present in many parts of the country but its operations are primarily concentrated in southern India. Some study says, “City Union Bank (CUB) ranked among the top ten banks in three of the four most important parameters”. Of the 39 listed Indian banks, CUB stood 7th on efficiency, 10th on growth and 10th in terms of return to shareholders. It is well known that City Union Bank (CUB) is one of the strongest banks in the country. Our study showed that it is equally good in terms of rewarding its shareholders. The bank has constantly reported net interest margin (NIM) in excess of 3% in the last nine years. This is really an achievement for City Union Bank. This stock is always going in up direction, but very slowly and smoothly. This is one of the good long term scripts. Now also they are planning to give some high dividend.