INDIAN OVERSEAS BANK - Board recommends Final Dividend (AGM on June 27, 2014)
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| 29 Apr 2014 | |
| Indian Overseas Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 29, 2014, inter alia, has considered and have recommended a Final Dividend (subject to approval of Government of India) of Rs. 0.50 paise per equity share of Rs. 10 each (i.e. 5%) for the financial year 2013-2014 for the approval of the shareholders at the Annual General Meeting of the Bank.<br/><br/>This is in addition to the Interim Dividend of Rs. 0.70 paise per equity share of Rs. 10 each (i.e. 7%) for the financial year 2013-2014 declared by the Board on January 29, 2014 and paid by the Bank on February 19, 2014.<br/><br/>The Final Dividend if approved by the shareholders will be paid on or after July 16, 2014.<br/><br/>The Board has also decieded to convene the 14th AGM of the Bank on June 27, 2014 at Chennai. | |
| View all announcements for INDIAN OVERSEAS BANK | Source: BSE India |
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