ICICI Bank Limited announced on August 21, 2026, the outcome of its board meeting held the same day, following the bank's earlier recommendation of a final dividend of ₹12 per equity share of face value ₹2 each for FY26, as disclosed on April 18, 2026. The dividend is subject to shareholder approval at the bank's ensuing Annual General Meeting.

Dividend Details

Dividend Growth Trend

ICICI Bank has delivered a consistent and steep upward trajectory in dividend payouts over the past decade. The historical per-share dividends underscore this pattern clearly:

From ₹1.00 in FY19 to ₹12.00 in FY26, the per-share payout has grown twelve-fold in seven years. Compared specifically to FY21's ₹2.00 per share, the FY26 dividend represents a 500% increase over five years, reflecting substantial improvement in the bank's profitability and capital generation capacity.

Market Context and Dividend Yield

The NSE announcement was filed on August 21, 2026. As market quote data was not available at the time of publication, a precise real-time dividend yield cannot be calculated. However, for reference, investors can compute the trailing dividend yield by dividing ₹12.00 by the prevailing market price of ICICIBANK shares. At a hypothetical price of ₹1,200 per share, the yield would stand at approximately 1.0%, broadly in line with private sector banking peers where dividend yields typically range between 0.6% and 1.4%. Investors are advised to verify the current market price on NSE for an accurate yield calculation.

What This Means for Investors

The steady annual increase in dividend per share signals that ICICI Bank's board remains confident in sustaining earnings growth and maintaining strong capital adequacy ratios above regulatory requirements. For income-oriented investors, the unbroken five-year streak of dividend increases provides visibility on income flow, though the dividend yield remains modest relative to fixed-income alternatives. The dividend payout, once approved at the AGM, will be distributed to shareholders on record as per the date to be announced. Investors holding ICICIBANK shares should monitor the AGM date and the record date announcement for dividend eligibility purposes.

ICICI Bank is India's second-largest private sector bank by assets and is listed on both NSE and BSE under the symbol ICICIBANK, with ISIN INE090A01013.