Kotak Bank fixes record date to determine eligible shareholders for FY22 dividend2 min read . Updated: 23 Jul 2022, 02:43 PM IST
- In May, Kotak Bank's board recommended a dividend of ₹1.10 per equity share having a face value of ₹5 each out of the net profits for the year ended March 31, 2022.
Kotak Mahindra Bank fixes the record date to determine eligible shareholders for an interim dividend of ₹1.10 per equity share for the financial year FY22. The announcement was made on Saturday when the bank presented its financial performance for the quarter ending June 30, 2022 (Q1FY23). Further, Kotak plans to pay the dividend to these shareholders on August 29 and September 2 this year.
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