Canara Bank announces 210% dividend payout even as Q4 PAT falls 10%

Canara Bank Dividend Announcement: State-run lender Canara Bank on Monday announced a final dividend of Rs 4.20 per equity share for the financial year 2025-26, rewarding shareholders despite reporting a decline in quarterly profit.

The dividend declared by the bank amounts to 210 per cent of the face value of Rs 2 per equity share. The announcement was made along with the bank’s Q4 FY26 earnings on May 11, 2026.

Canara Bank record date fixed for dividend eligibility

Canara Bank said Friday, June 12, 2026, has been fixed as the record date to determine the eligibility of shareholders entitled to receive the final dividend.

The proposed dividend remains subject to approval from shareholders at the bank’s upcoming Annual General Meeting (AGM), which is scheduled to be held on June 26, 2026.

Once approved, eligible shareholders whose names appear in the bank’s records as of the record date will receive the dividend payout.

Canara Bank announces dividend alongside Q4 results

The PSU bank announced the shareholder payout while releasing its March quarter earnings, where it reported a 9.9 per cent year-on-year decline in net profit.

Canara Bank's March-quarter net profit stood at Rs 4,505.6 crore while its net interest income (NII) increased 3.9 per cent on a year-on-year basis to Rs 9,808 crore, according to a regulatory filing. Both quarterly headline numbers fell short of analyst estimates.

According to Zee Business research, Canara Bank was estimated to register a net profit of Rs 4,480 crore and net interest income of Rs 9,560 crore for the March quarter.

Canara Bank dividend history