Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 4.05 per equity…
As filed · Bank Of India has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 4.05 per equity share.
What happened
FactBank Of India has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 4.05 per equity share. Recommended a dividend of Rs.4.05 (i.e. 40.50%) per equity share (Face Value Rs.10/-.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
WithdrawnSo this year, we have grown at around 9.50% on a YOY basis in the corporate book.
we have grown our advances in the MSME book, number one.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- the bank expects the net interest margins (NIMs) to increase in the coming quarters and to attain an RoA of 1% (management committed by FY27)
- the bank has indicated a manageable impact of -2.5% of its net worth upon transition to the ECL framework from (management committed by FY27)
Evidence
- Bank Of India has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 4.05 per equity share.(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%