UCOBANKNSEUCO Bank· BanksHighPositive
Announced Mon, 28 Apr · 15:50 IST

UCO Bank has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of 0.39 per equity share.

Corporate Actions View source PDF

UCOBANK · 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

Awaiting price reaction for this filing.

AI summary

The Board of Directors of UCO Bank, at its meeting held on April 28, 2025, has recommended a Final Dividend of ₹0.39 per equity share for its shareholders. This is subject to approval by the shareholders at the upcoming Annual General Meeting. The dividend will be paid to shareholders whose names appear on the register of members on the record date, which will be announced separately.

Likely market impact

The dividend of ₹0.39 per share is a modest payout, offering limited income for shareholders. The market reaction is likely to be neutral given the small quantum of the dividend relative to the share price.