Private sector Karur Vysya Bank today declared an interim dividend of Rs 10 per share (100 per cent) for the financial year 2015-16.
"...The Board of Directors of the bank at its meeting held today considered and declared interim dividend at the rate of Rs 10 per share (100 per cent ) on the equity share of face value Rs 10 each fully paid up.", the Tamil Nadu-based bank said in a notification.
"The interim dividend shall be payable on and from March 28, and will be paid within the lines stipulated under the Companies Act 2013", it said.
Shares of the company were trading 1.36 per cent up at Rs 416.90 a piece on BSE.
