24th AGM, Dividend and Record Date
CANBK · price
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On the reaction day the stock moved 1.4 pts less than Nifty 100 and 1.4 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Canara Bank has scheduled its 24th AGM for June 23, 2026, to be held via video conferencing. The Board has recommended a dividend of 210% (Rs. 4.20 per share) on shares with face value of Rs. 2 each for FY 2025-26. This is subject to shareholder approval at the AGM. The record date for determining eligible shareholders to receive the dividend has been fixed as June 12, 2026. The dividend represents an 100% payout on face value.
The dividend of Rs. 4.20 per share is a positive signal for shareholders, providing income. The actual yield will depend on the prevailing market price of the stock at the record date.