DCB Bank Sets June 12 as Record Date for Recommended Dividend of Rs. 1.45 per Share
DCB Bank Ltd has announced the record date for shareholders interested in receiving the dividend recommended for the Financial Year 2025-26. The company's Board of Directors fixed Friday, June 12, 2026, as the official Record Date for ascertaining the entitlement of members for the payment of the dividend.The announcement follows prior information regarding a recommendation by the Bank for a dividend amounting to Rs. 1.45 per equity share. The shares referenced are those with a face value of Rs. 10/- each.
This recommended dividend is subject to approval by the shareholders at the upcoming Annual General Meeting (AGM) of the Bank, as well as other requisite approvals.
The dividend, once approved by the Shareholders and after deduction of tax at source (TDS) according to the provisions of the Income Tax Act, 2025, will be paid within stipulated timelines under applicable laws.
DCBBANK Stock Price Movement
Today, shares of DCB Bank Limited edged higher in the post-market session, settling at ₹175.42 after gaining 1.94%. The stock saw a total traded volume of 940,511 shares during the session, which saw intraday movement between ₹174.22 and ₹178.68.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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