CANBKBSECanara BankHighPositive
Announced Mon, 11 May · 13:44 IST

Board approved Dividend

Corporate Actions View source PDF

CANBK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹134.13
prior close
₹128.62
base price
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+0.4+1.3+1.6+1.3-2.9-3.3-2.2-4.5-6.9-4.6-3.5-1.6-3.5
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AI summary

Canara Bank's Board of Directors has recommended a dividend of 210% (Rs. 4.20 per share) on equity shares with face value of Rs. 2 each for Financial Year 2025-26. This dividend is subject to approval by shareholders at the 24th Annual General Meeting scheduled for 23rd June 2026. The record date for determining shareholders eligible to receive the dividend has been fixed as 12th June 2026. The meeting is being conducted through video conferencing.

Likely market impact

The recommended dividend of Rs. 4.20 per share represents a 210% payout on face value, which is a positive signal for shareholders anticipating returns. The actual dividend yield will depend on the prevailing stock price at the time of the announcement.