|
| Exchange Disseminated Time | Indian Overseas Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 29, 2014, inter alia, has considered and have recommended a Final Dividend (subject to approval of Government of India) of Rs. 0.50 paise per equity share of Rs. 10 each (i.e. 5%) for the financial year 2013-2014 for the approval of the shareholders at the Annual General Meeting of the Bank.
This is in addition to the Interim Dividend of Rs. 0.70 paise per equity share of Rs. 10 each (i.e. 7%) for the financial year 2013-2014 declared by the Board on January 29, 2014 and paid by the Bank on February 19, 2014.
The Final Dividend if approved by the shareholders will be paid on or after July 16, 2014.
The Board has also decieded to convene the 14th AGM of the Bank on June 27, 2014 at Chennai. |
|
|