State Bank of India (SBI) is trading higher by 1% at Rs 1,524 after the country’s largest public sector lender said that its board schedule to meet next week to consider interim dividend to shareholders of the company.
A meeting of the board of directors of the bank will be held on March 03, 2014, to consider, and if thought fit, declare interim dividend for the financial year 2013-14, SBI said in a BSE filing.
The bank had paid total dividend of Rs 41.50 per share on face value of Rs 10 during the last financial year 2012-13.
The stock opened at Rs 1,509 and touched a high of Rs 1,526 on the BSE. A combined 840,000 shares changed hands on the counter so far on the BSE and NSE.
A meeting of the board of directors of the bank will be held on March 03, 2014, to consider, and if thought fit, declare interim dividend for the financial year 2013-14, SBI said in a BSE filing.
The bank had paid total dividend of Rs 41.50 per share on face value of Rs 10 during the last financial year 2012-13.
The stock opened at Rs 1,509 and touched a high of Rs 1,526 on the BSE. A combined 840,000 shares changed hands on the counter so far on the BSE and NSE.
