Canara Bank Dividend: Board recommends dividend of ₹16/equity share; details here




Public sector lender Canara Bank on 8 May announced the quarterly results for March 2024 and said that its profit surged 18 percent to ₹3,757 crore compared to ₹3,174 crore in the same quarter of the same year, it said in a regulatory filing.

Apart from this, the psb’s board recommended a dividend of ₹16.10 per equity share  – i.e. 161 percent – of face value of ₹10 each to the shareholders for 2023-24. This is however subject to approval at the ensuing Annual General Meeting.

 

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Published: 08 May 2024, 04:15 PM IST

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