Bank of Maharashtra Declares Final Dividend of Rs. 1.20 Per Share for FY 2025-26
Bank of Maharashtra announced the declaration of a final dividend for the financial year 2025-26. The Bank's Board of Directors, in a meeting held on April 20, 2026, considered a final dividend of 12% on the Bank’s equity shares.The final dividend amount stands at Rs. 1.20 per share, corresponding to a face value of Rs. 10 per share. This dividend is intended for the Financial Year 2025-26 and, if approved by shareholders at the Annual General Meeting (AGM), will be paid in addition to the previously declared interim dividend.
The total dividend structure incorporates the interim dividend of Rs. 1.00 per equity share (10%), which was declared on January 13, 2026, and paid during the current financial year.
To determine the eligibility of members entitled to receive the dividend on equity shares, the Record Date has been set as Friday, June 5, 2026.
Key details regarding the dividend declaration are summarized below:
| Dividend Component | Rate | Amount Per Share | Basis |
|---|---|---|---|
| Final Dividend | 12% | Rs. 1.20 | Equity Shares (Face Value: Rs. 10) |
| Interim Dividend | 10% | Rs. 1.00 | Equity Shares |
The Bank of Maharashtra confirmed that the dividend is subject to approval by the shareholders at the AGM.
MAHABANK Stock Price Movement
As of 1:12 PM, shares of Bank of Maharashtra are shedding 1.56% in live trading, currently sitting at ₹78.03. The stock is seeing significant interest on a volume of 8.53 million shares, keeping the equity near its intraday range low of ₹77.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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