PNB Housing Finance Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of 5 per equity share.
PNBHOUSING · price
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On the reaction day the stock moved 4.3 pts more than Nifty Smallcap 250 and 4.9 pts more than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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PNB Housing Finance Limited has announced that its Board of Directors, at a meeting held on April 28, 2025, has recommended a Final Dividend of ₹5 per equity share for its shareholders. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates will be communicated separately by the company. The total payout will depend on the company's total outstanding share count.
This is a modest dividend announcement that provides a small return to shareholders. The market reaction will depend on the dividend yield relative to the current share price and the company's previous dividend history.