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ICICI Bank board recommends dividend

29 Apr 2016 Evaluate

ICICI Bank has informed that the Board of Directors of the Bank at its meeting held on April 29, 2016, has recommended a dividend of Rs 100 per preference share on 350 preference shares of the face value of Rs 1 crore each; and a dividend of Rs 5 per equity share of face value of Rs 2 each, subject to requisite approvals. The payment date for the dividend, subject to approval of the same by the shareholders at the ensuing Annual General Meeting which will be held on July 11, 2016 will commence from July 12, 2016.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 710.20
ICICI Bank 1341.60
Axis Bank 1248.50
Kotak Mahindra Bank 431.25
Indusind Bank 906.95
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