IOB - Board recommends Dividend (AGM on June 29, 2012)
Indian Overseas Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 05, 2012, inter alia, has considered and recommended a Dividend of Rs. 4.50 per Equity Share of Rs. 10/- each (i.e. 45%) for the financial year 2011-12.
Further, the Board has also decided to convene the 12th AGM of the Bank on June 29, 2012 at Chennai.