DCB Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 25, 2025, declared Select Dividend of Rs. 1.35 per equity share.
DCBBANK · price
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On the reaction day the stock moved 9.8 pts more than Nifty Microcap 250 and 8.6 pts more than its Private 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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DCB Bank's Board of Directors, at their meeting held on April 25, 2025, declared a Select Dividend (a special one-time dividend) of Rs. 1.35 per equity share. This is in addition to any regular dividend the bank may have paid for the financial year. The record date and payment timeline would typically be communicated separately by the company. The total payout will depend on the number of outstanding equity shares of the bank.
This is a positive signal for shareholders as it returns additional cash, but the per-share amount is modest. The market reaction will depend on whether investors were expecting this special payout and the overall dividend yield it represents relative to the current share price.