Canara Bank Dividend of ₹4: Ex-Date Today, June 13, 2025

Canara Bank Limited's Board of Directors has approved a dividend of ₹4 per equity share of face value of ₹2 each for the financial year ending March 31, 2025. 

Canara Bank Dividend Record Date

The Board of Directors of the Bank, at its meeting held on May 8, 2025, has recommended a dividend of 200% on the Bank’s equity shares, i.e., ₹4 per share on a face value of ₹2 each, for the financial year 2024–25.

The Record Date for determining the eligibility of shareholders entitled to receive the dividend has been fixed as Friday, June 13, 2025.

Canara Bank FY 2025 Financial Highlights

As of March 2025, the bank reported strong year-on-year growth across key financial metrics. Global Business rose by 11.32% to ₹25,30,215 crore, while Global Deposits increased by 11.01% to ₹14,56,883 crore. Gross Advances also saw a healthy growth of 11.74%, reaching ₹10,73,332 crore. The bank’s Operating Profit stood at ₹8,284 crore, marking a 12.14% rise, and Net Profit surged by 33.19% to ₹5,004 crore.

Asset quality improved significantly during the period. The Gross NPA (GNPA) ratio declined to 2.94% as of March 2025 from 4.23% a year earlier and 3.34% in December 2024. Similarly, the Net NPA (NNPA) ratio improved to 0.70%, down from 1.27% in March 2024 and 0.89% in December 2024, reflecting stronger credit quality and better recovery efforts.

Canara Bank Share Price Performance

On June 12, 2025, Canara Bank share price (NSE: CANBK) opened at ₹117.70 and closed at ₹115.48, up by 1.38%. The stock price touched its day’s high at ₹117.79.

Also Read: SBI Goes Big on Service Experience: Hires 13,455 Junior Associates Across India!

About Canara Bank Ltd

Canara Bank, incorporated in 1906 and headquartered in Bengaluru, was nationalised in 1969 along with 13 other major commercial banks by the Government of India. On April 1, 2020, it was merged with the erstwhile Syndicate Bank as part of the banking sector consolidation announced by the government.

Conclusion 

The company's last dividend declaration was a final dividend of ₹3.22 per share, with a record date of June 14, 2024. With the newly approved interim dividend, shareholders can anticipate continued returns.

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