Bank of Baroda Declares Rs. 8.5 Dividend
$BANKBARODA Bank of Baroda has recommended a dividend of Rs. 8.5 per share for FY 2026, subject to shareholder approval at the AGM on June 23, 2026. The record date is fixed for June 5, 2026. The bank notified shareholders that dividends are taxable under the Finance Act 2026 and TDS will be applicable, with a 20% rate for those without valid PAN. Additionally, the bank reported a Q4 net profit of Rs. 5,616 crores and improved asset quality metrics.
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