Dividend decisions concerned with the determination of quantum of profits to be distributed to the owners and the frequency of such payments. Dividend declaration is considered to be one of the most imperative tools for the distribution of value to the shareholders. This study mainly focuses on dividend pattern of commercial bank and to address the research question regarding the trend in dividend payment of public and private banking companies in India during the period between 2009 and 2016. It has been found that public and private banks had an increasing trend in dividend payment in terms of amount expect for the year 2016. New private sector banks lead in average dividend payment followed by public sector banks and old private sector banks. Dividend payment of new private sector banks is in increasing trend but the dividend payout decreases every year. In case of public and old private sector banks, there is no clear trend in dividend payout but dividend payments of these banks exhibit an increasing trend. It concludes that the bank manager well balance the satisfaction of the shareholder and the growth of the bank in deciding the dividend payout.