Ujjivan Small Finance Bank Ltd recommends final dividend of Rs. 0.50

The Board of Directors of Ujjivan Small Finance Bank Ltd, in its meeting held on May 11, 2023, has, considered and approved the recommendation of Final Equity Dividend of 5% i.e. Rs.0.5 each, per equity share of face value Rs. 10 each, out of the net profits for the year ended March 31, 2023, subject to the approval of the shareholders at the ensuing Annual General Meeting ("AGM") of the Bank. The record date for determining the eligibility of members entitled to receive dividend on equity shares shall be intimated in due course.

Further, the Board also declared Dividend on Preference Shares at the rate of 5.5% i.e. Rs.0.55 each, per preference share of face value Rs. 10 each.

Shares of Ujjivan Small Finance Bank Limited was last trading in BSE at Rs. 28.75 as compared to the previous close of Rs. 28.70. The total number of shares traded during the day was 710609 in over 1873 trades.

The stock hit an intraday high of Rs. 29.20 and intraday low of 28.47. The net turnover during the day was Rs. 20491125.00.

Source : Equity Bulls

Keywords

UjjivanSmallFinanceBank INE551W01018 FinalDividend FY2023