PNB Housing Finance Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of Rs. 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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The Board of Directors of PNB Housing Finance Limited, at its meeting held on April 28, 2025, recommended a Final Dividend of Rs. 5 per equity share. This is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining shareholder eligibility have not been specified in this filing. The dividend will be paid to shareholders who hold shares on the record date once announced.
This is a routine final dividend declaration, generally viewed positively by income-focused investors as it signals profitability and shareholder reward. The actual yield impact depends on the current share price and will only benefit shareholders holding stock before the record date.