The Board of Directors of City Union Bank Ltd (CUB) at its meeting held on 6 May 2021, has declared interim Dividend of Rs 0.3 per equity share of Rs. 1 each. The meeting commenced at 12.05 A.M and concluded at 4.10 P.M
City Union Bank Ltd Quarterly Result
The company has reported net profit at Rs 111.18 crore for the quarter ending March 31, 2021. The Tamil Nadu-based bank had reported a net loss at Rs 95.29 crore during corresponding quarter previous year. Total income for the quarter ending March 31, 2021 was at Rs 1,121.43 crore as compared to Rs 1,220.98 crore registered in the same quarter last year.
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City Union Bank Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 7 June 2021 as the Record date. In addition, the declared dividend will be paid on or after 21 June 2021 to eligible shareholders.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
Pursuant to the regulations cited on the subject matter, the board has declared an interim dividend at the rate of Rs. 0.30 per equity share (30%) on 73,88,22,111 equity shares of face value of Re. 1 each paid up.
Important Dates
- Company – City Union Bank Ltd
- Script Name – CUB (NSE) and 532210 (BSE)
- Dividend Amount – 0.3 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 3 June 2021
- Record Date – 7 June 2021
- Payment Date – On or after 21 June 2021
Also, you can find more information about City Union Bank Ltd on National Stock Exchange and Moneycontrol – City Union Bank is an Indian bank headquartered in Kumbakonam, Tamil Nadu which provides a gamut of technological services such as net banking, mobile banking, self-service kiosks, bulk note acceptors, and point of sales.
