Bank of Baroda shares drop 2% ahead of its final dividend announcement
By Aman Shukla Published on June 6, 2025, 09:32 IST
Bank of Baroda (BoB) shares slipped 2% in early trade ahead of the record date for its final dividend for FY25. The bank had earlier announced a final dividend of ₹8.35 per equity share (face value ₹2 each) for the financial year 2024–25. As of 9:31 AM, the shares were trading 2.57% lower at Rs 244.20.
In a recent exchange filing, BoB stated, ''Recommended a dividend at Rs. 8.35 (Eight Rupees Thirty-Five Paise only) per equity share (Face Value Rs.2/- each fully paid up) for the FY2024-25 subject to declaration/approval at the ensuing 29th Annual General Meeting. 3. Bank has fixed record/cut-off date as 06th June 2025 for the purpose of dividend payment. Hence, shareholders having shares as on the cut date, i.e 06th June 2025, shall be eligible for dividend payment.'
Bank of Baroda shares opened at ₹243.50 on Friday, touching an intraday high of ₹245.58 and a low of ₹242.11. The stock remains under watch as it trades below its 52-week high of ₹290.50 but stays well above the 52-week low of ₹190.70.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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