Canara Bank has informed the Exchange that Record date for the purpose of Dividend is 13-Jun-2025.
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Canara Bank's Board of Directors, at their meeting on 8 May 2025, has recommended a dividend of 200% on equity shares, translating to Rs. 4 per share on the face value of Rs. 2 each, for Financial Year 2024-25. The record date for determining shareholder eligibility has been fixed as Friday, 13 June 2025. The dividend is subject to approval by shareholders at the upcoming 23rd Annual General Meeting and will be paid thereafter to those on the bank's register as on the close of 13 June 2025. Shareholders who hold shares as of the record date will be entitled to receive this dividend.
Eligible shareholders on the record date (13 June 2025) will receive Rs. 4 per share as dividend, pending AGM approval. This is a routine dividend declaration and is generally viewed positively by income-seeking investors.