INDIAN BANK Declares Final Dividend of Rs 8.6 for FY 2022-23

INDIAN BANK Declares Rs 8.6 Final Dividend for FY 2022-23

The Board of Directors of INDIAN BANK held its meeting recently. It has declared Final Dividend of Rs 8.6 per equity share for the financial year 2022-23. In this post, you will find information about Ex-Dividend date, Record date & Actual Payment date for the declared dividend.

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INDIAN BANK CMP

The Current Market Price (CMP) or last traded price (LTP) of company was Rs XYX at the time of publishing this article. Its 52 weeks high was Rs XYY (on ) & 52 weeks low was Rs XXY (on ).

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INDIAN BANK Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 12 June 2023 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 12 June 2023.

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 2023.

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Important Dates

  • Company – INDIAN BANK
  • Script Name – INDIANB (NSE) and 532814 (BSE)
  • Dividend Amount – 8.6 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 12 June 2023
  • Record Date – 12 June 2023
  • Payment Date – 14 July 2023
  • Current Market Price – Rs XYX
  • 52 Weeks High – Rs XYY
  • 52 Weeks Low – Rs XXY
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Also, you can find more information about Indian Bank on National Stock Exchange and Moneycontrol – Indian Bank is an Indian government owned financial services and banking company. It is under the ownership of the Ministry of Finance of the Government of India which serves over 100 million customers with 43,011 employees & 6,004 branches with 5,428 ATMs.

 

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