EQUITY - DIVIDEND HISTORY - Bank of Baroda (Curr: Rs in Cr.

) As on 30/10/2009
ACTIVE SET/EQUITY/DIVIDEND HISTORY/5456/Bank of Baroda
Year End Dividend-Amount Dividend-% Div. Yield-%
199503 25 3.5
199603 41 7
199703 53.06 26 2.89
199803 83.25 30 2.87
199903 88.8 30 6.59
200003 118.4 40 8.82
200103 118.4 40 6.63
200203 118.4 40 8.34
200303 177.6 60 6.98
200403 190.62 65 2.68
200503 146.64 50 2.29
200603 182.14 50 2.17
200703 218.56 60 2.79
200803 291.42 80 2.82
200903 330.3 90 3.84
BOB

Po= div1 /
(Ke-g)

where g = b*r
2005 2006 2007 2008 2009

retained earnings 509.88 619.28 774.55 1094.50 1843.64

PAT 676.82 827.16 1018.45 1435.3 2227.23

RETENTION RATIO
b= 0.75 0.75 0.76 0.76 0.83

r= 12.58 10.54 11.86 12.99 17.35

g=

Ke= div1/Po+g
1

BOB 2005 2006 2007 2008 2009

GROWTH
EPS
GROWTH OF EPS #VALUE! #VALUE! #VALUE! #VALUE!

PAT 676.82 827.16 1018.45 1435.30 2227.23

GROWTH OF PAT 0.22 0.23 0.41 0.55

DIV 5.00 5.00 6.00 8.00 9.00

GROWTH OF DIV

Po 244.65 270.35 213 231.55 222

CAPM MODEL -
Rf+ β( Rm-Rf)=
 BOB
2005 2006 2007 2008 2009

retained earnings 1212.46 1040.11 1235.05 1584.73

PAT 1409.66 1437.42 1794.46 2048.06 3089.7

RETENTION RATIO
b= 0.86 0.72 0.69 0.77 0.76

r= 22.49 17.01 16.03 19 23.52

10.13 g=

_ Ke= div1/Po+g

CAGR PNB 2005 2006 2007 2008 2009

GROWTH
EPS 44.72 45.65 48.84 64.98 98.03
#VALUE! GROWTH OF EPS 0.02 0.07 0.33 0.51

PAT 1409.66 1437.42 1794.46 2048.06 3089.7

0.346861599992 GROWTH OF PAT 0.02 0.25 0.14 0.51

DIV 3 6 10 10 20
0.158292185288 GROWTH OF DIV

428.5 491.45 440.45 459.65 396.3

2345.46
352.53 359.83
859.93 680.28

11.48

CAGR

0.216786

0.216748

0.606857
385.02 512.19 772.72
850.03 1072.54 1572.74
G= B*R 2005 2006 2007 2008 2009

CENTRAL BANK 0.00 5.45 15.11 12.10 11.37

UNION BANK OF INDIA 0.00 12.56 13.54 20.45 0.20
IDBI BANK 5.69 3.04 2.64 21.04 6.33
ORIENTAL BANK 19.84 7.91 7.94 3.72 9.33
Bank of Rajsthan 0.07 0.04 0.23 0.23 0.19
Syndicate bank 0.23 0.20 0.19 0.20 0.18
BOB 9.48 7.89 9.02 9.91 14.36
PNB 19.34 12.31 11.03 14.70 17.85

CAGR METHOD
2005 2006 2007 2008 2009
GROWTH OF EPS
CENTRAL BANK 22.28 148.41 11.25 11.83
UNION BANK OF INDIA 12.88 16.19 26.78 33.33
IDBI BANK 7.54 8.45 9.76 11.42
ORIENTAL BANK 21.61 22.44 13.30 34.90
Bank of Rajsthan 13.80 9.94 8.48 7.26
Syndicate bank 9.93 13.29 15.77 16.98
BOB 25.00 20.00 40.00 55.00
PNB 20.00 70.00 33.00 51.00

GROWTH OF DIVIDEND 2005.00 2006.00 2007.00 2008.00 2009.00

CENTRAL BANK 0.43 0.99 -0.19 0.00
UNION BANK OF INDIA 0.10 0.00 0.14 0.25
IDBI BANK 1.01 0.00 0.33 0.25
ORIENTAL BANK 0.95 0.04 0.00 0.55
Bank of Rajsthan
Syndicate bank
BOB 0.00 0.20 0.33 0.13
PNB 1.00 0.67 0.00 1.00

Ke FROM CAPM METHOD 2005.00 2006.00 2007.00 2008.00 2009.00

CENTRAL BANK 18.31 16.66
UNION BANK OF INDIA 19.88 20.69 19.57 14.47
IDBI BANK 21.73 23.83 21.29 18.79
ORIENTAL BANK 17.87 21.52 17.84 16.30
Bank of Rajsthan
Syndicate bank
BOB 24.20 18.85 18.83 18.93 17.85
PNB 28.82 20.88 18.88 20.14 16.82

Ke FROM DIV YEILDMETHOD 2005 2006 2007 2008 2009

CENTRAL BANK 9.50 7.91 9.06 9.94
UNION BANK OF INDIA 19.36 12.33 11.06 14.75
IDBI BANK 5.70 3.06 2.66 21.07
ORIENTAL BANK 19.85 7.93 7.97 3.76
Bank of Rajsthan
Syndicate bank
BOB 9.50 7.91 9.06 9.94
PNB 19.36 12.33 11.06 14.75