💡 Board recommends final dividend of 12% (₹1.20 per share) for FY 2025-26, in addition to interim dividend already paid.
What Happened
The Board of Directors of Bank of Maharashtra, at their meeting on April 20, 2026, has recommended a final dividend of 12% on equity shares. This translates to ₹1.20 per share with a face value of ₹10 each for the financial year 2025-26. The final dividend will be in addition to the interim dividend of ₹1.00 per equity share (10%) that was declared on January 13, 2026 and already paid during the financial year.
Key Details
- Company: Bank of Maharashtra
- Event Type: Bonus
- Filing Date: 20-Apr-2026 15:41:55
- NSE Filing: View Document
Why It Matters
A dividend announcement, especially a final dividend recommendation following an interim payment, signals strong financial health and consistent profitability. For Bank of Maharashtra, this indicates the bank's ability to generate sufficient cash flow to reward shareholders while maintaining operations. The total dividend payout for the year reflects management's confidence in the company's earnings stability and commitment to returning value to investors. Such announcements are typically viewed positively by the market as they demonstrate corporate governance focused on shareholder returns.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
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