Four PSU banks declare dividends to shareholders

As many as four public sector banks today announced their financial results for the fourth quarter ended March 2015 along with declaration of dividend to shareholders.
Union Bank has recommended a dividend of 60 per cent i.E. Rs 6 per share which will be paid to shareholders by July 6, 2015.
Punjab & Sind Bank, UCO Bank and Central Bank of India have also recommended dividend payouts to their shareholders.
"UCO Bank has recommended a dividend of Rs 2 per equity share for the year ended March 31, 2015," the bank said in a filing to the BSE.
Punjab & Sind Bank has recommended a dividend of 60 paise per equity share, while Central Bank's dividend payout is at Rs 0.50 per equity share of Rs 10 each for the financial year 2014-15.