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Rs 4.05/Sh Dividend: PSU Bank Under Rs 120 Sets Record Date, Shares Gain 171.8% In 3-Yrs

President of India-Backed PSU ITDC Declares 151.6% YoY Jump In Net Profit, Highest Ever Dividend

Public sector lender Bank of India (BoI) share price on Tuesday surged 4.13% to Rs 114.60 per share on Bombay Stock Exchange (BSE) as Sensex plummeted 735.94 points to 81,693.96 in afternoon trade. The PSB shares offered shareholders returns of 171.89% in last 3-years and the stock plunged 7.95% in last 1-year. Today, the bank fixed June 20, 2025 as the record date for dividend. It had recommended a dividend of Rs 4.05 per share of the face value of Rs 10/- each for the financial year 2024-25.

The bank will hold its Annual General Meeting (AGM) on June 27, 2025. The market capitalisation of the PSU stood at Rs 52,059.76 crore and its return on equity (ROE) is 11.19%. Meanwhile, FII/FPI holdings surged from 2.92% to 3.88% for March 2025 quarter. Life Insurance Corporation Of India – P & Gs Fund has 7.99% stake in BOI for March 2025 quarter. Check more details below:

Rs 4.05/Sh Dividend: PSU Bank Under Rs 120 Sets Record Date, Shares Gain 171.8% In 3-Yrs

Bank of India Recommends Dividend

According to the BSE filing of the PSB dated May 09, 2025, β€œRecommended a dividend of Rs.4.05 (i.e. 40.50%) per equity share (Face Value Rs.10/- each fully paid up) for the FY2024-25 subject to approval of shareholders at the ensuing Annual General Meeting of the Bank.” Bank has fixed the Record Date / cut-off date as 20th June, 2025 for the purpose of dividend payment. Hence, shareholders having shares as on the cut-off date i.e. 20th June, 2025 shall be eligible for dividend payment.”

Bank Of India To Hold AGM On June 27, 2025

The bank today approved convening of 29th Annual General Meeting of the Bank on 27th June, 2025.

Bank of India Dividend History

The PSU recommended a total of 20 dividends since 2003. In last 1-year, it announced a dividend of Rs 2.80 per share. It offers a dividend yield of 2.45%.

Bank of India Q4FY25 Results

The PSU announced a jump of 82.5% year-on-year (YoY) in its net profit for Q4FY25 to Rs 2626 crore as a result of strong non-interest income. It declared a jump of 45.92% YoY in its net profit for full FY25 to Rs 9,219 crore. Meanwhile, the net interest income or NII zoomed 2.14% YoY for Q4FY25 to Rs 6063 crore. The net interest margin or NIM from domestic operations for Q4FY25 slipped to 2.61% from 2.92% in the similar period last year. Β Non-interest income surged 96% to Rs 3,428 crore for Q4FY25 from Rs 1,747 crore declared an year ago. Provisions for non-performing assets (NPAs) declined to Rs 1,347 crore for Q4FY25 from Rs 2,043 crore posted in the corresponding quarter of last year.

Bank of India Shares Performance

The 52-week high of BOI share price on BSE stood at Rs 137.35 per share (as on 03/06/2024) and 52-week low price is Rs 90.00 per share (as on 13/01)2025), respectively. Bank of India share gained 11.64% year-to-date, surged 9.51% in last 6-months, and offered returns of 47.66% in last 2-years. In last 5-years, Bank of India stock price rallied 234.60%.

Disclaimer: The story highlights dividend and should not be considered as investment advice by the Moneydaily.in or the Author.Β  Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.

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