Canara Bank Announces Dividend Recommendation and 24th Annual General Meeting Details
Canara Bank has announced key details regarding its 24th Annual General Meeting (AGM) and the dividend recommended by its Board of Directors.The Board of Directors, in a meeting held on May 11, 2026, recommended a dividend for the Financial Year 2025-26. The proposed dividend stands at 210% on the equity shares of the Bank.
The financial details of the recommended dividend are as follows:
| Metric | Value |
|---|---|
| Dividend Percentage | 210% |
| Recommended Dividend (Per Share) | Rs. 4.20 |
| Face Value (Per Share) | Rs. 2.00 |
The payment of this dividend remains subject to the approval of the Bank's shareholders at the forthcoming Annual General Meeting.
The Bank has scheduled its 24th Annual General Meeting for Tuesday, June 23, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
Furthermore, the Record Date for the payment of the dividend has been set as Friday, June 12, 2026.
CANBK Stock Price Movement
As of 2:01 PM, shares of Canara Bank are slipping by 3.99% in live trading, currently at ₹128.98. The bank's stock is seeing substantial selling pressure amid a robust trading volume of 52.42 million shares.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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