Bank of Baroda recommends dividend of Rs. 5.50

The Board of Directors of Bank of Baroda at its meeting held today i.e. 16th May 2023 have recommended a dividend at Rs. 5.50 (Rupees Five and Fifty Paise only) per equity share (Face Value Rs.2/- each fully paid up) for the FY2022-23 subject to declaration / approval at the ensuing 27th Annual General Meeting.

The board also fixed 01st July 2023 to 07th July 2023 (both days inclusive) as Book Closure dates for the purpose of 27th AGM and dividend payment. Hence, shareholders having shares as on cut-off date i.e. 30th June 2023 shall be eligible for dividend.

Shares of Bank of Baroda was last trading in BSE at Rs. 183.80 as compared to the previous close of Rs. 178.80. The total number of shares traded during the day was 1321028 in over 8831 trades.

The stock hit an intraday high of Rs. 184.60 and intraday low of 177.40. The net turnover during the day was Rs. 240349636.00.

Source : Equity Bulls

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BankofBaroda INE028A01039 BOB Dividend FY2023