DCB Bank Declares ₹1.35 Dividend per Share for FY 25
By Ankur Chandra | Published at: Jun 19, 2025 02:24 PM IST
Mumbai, June 19, 2025: DCB Bank Limited (NSE: DCBBANK, BSE: 532772) has announced ₹1.35 Dividend per Share for FY24-25 and has set the record date as July 4th for its proposed dividend for the financial year 2024-25. This announcement complies with Regulation 42 of the SEBI (LODR) Regulations, 2015, mandating the timely disclosure of record dates for corporate actions such as dividends.
Dividend Details:
- Recommended Dividend: The Board has recommended a dividend of ₹1.35 per equity share.
- Face Value: This dividend is applicable to equity shares with a face value of ₹10 each.
- Financial Year: The dividend pertains to the financial year ended on March 31, 2025 (FY2024-25).
Key Dates and Approvals:
- The record date has been fixed as Friday, July 4, 2025. Shareholders whose names appear in the company’s register as of this date will be eligible for the dividend, subject to approval.
- Shareholder Approval: The dividend recommendation is contingent upon shareholder approval at the forthcoming Annual General Meeting (AGM).
Payout Process:
- Payment Timeline: If the dividend is approved at the AGM, the payout process will commence within 30 days from the date of declaration, in accordance with the provisions of the Companies Act, 2013.
- Tax Implications: The dividend distribution will be subject to Tax Deducted at Source (TDS) as per the prevailing regulations of the Income Tax Act, 1961.
How Much Will You Get?
Shareholders holding 100 shares of DCB Bank as on the record date will receive:
| Holding Quantity | Dividend per Share | Total Payout |
|---|---|---|
| 100 shares | ₹1.35 | ₹135.00 |
| 500 shares | ₹1.35 | ₹675.00 |
| 1,000 shares | ₹1.35 | ₹1,350.00 |
(Note: Net amount may vary based on applicable tax deductions)
Dividend History (Past Payouts)
DCB Bank has maintained a consistent dividend payout in recent years, showing steady shareholder returns:
| Financial Year | Dividend Declared | Ex-Date | Record Date |
|---|---|---|---|
| FY24 | ₹1.35 (Recommended) | — | 04-Jul-2025 |
| FY23 | ₹1.25 | 10-May-2024 | 10-May-2024 |
| FY22 | ₹1.25 | 15-Jun-2023 | 15-Jun-2023 |
| FY21 | ₹1.00 | 14-Jun-2022 | 15-Jun-2022 |
| FY19 | ₹1.00 | 23-May-2019 | — |
| FY18 | ₹0.75 | 24-May-2018 | — |
| FY17 | ₹0.50 | 24-May-2017 | — |
DCB Bank has steadily increased its dividend from ₹0.50 in FY17 to ₹1.35 proposed for FY24 – a 170% rise over seven years.
Live Share Price
At around 1:45 PM, the shares of DCB Bank were down 1.70% or 2.45 points and were trading at ₹141.02. It remains to be seen at what price the shares close at the end of today’s market session.
About DCB Bank
DCB Bank Limited is a private sector scheduled commercial bank listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). It offers a diverse portfolio of retail, SME, and corporate banking services through a growing network of branches across India. The bank is known for its prudent lending practices and consistent shareholder returns.
REF: https://nsearchives.nseindia.com/corporate/ujwal727_19062025104035_BSENSERecordDateforDividend.pdf
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