Central Bank of India Announces First Dividend in 10 Years: Check Record Date, Payout Details and Share Price

Public sector lender Central Bank of India (CBI) has set in motion its first dividend announcement since 2015, declaring a small yet significant return for its shareholders. According to a regulatory filing made on 28 April, the bank's board has designated Friday, 4 July 2025, as the record date to determine shareholder eligibility for the final dividend pertaining to the financial year ended 31 March 2025.

Central Bank of India Dividend Record Date: 1.875% Payout Dividend

Investors will have another key date to mark on their calendars, the 18th Annual General Meeting, scheduled for Saturday, 19 July 2025, where shareholders will vote on and approve the dividend proposal. Following approval, the final dividend, amounting to Re 0.1875 per Rs 10 share, a 1.875% payout, will be credited to eligible investors within 30 days after the AGM.

"The dividend will be distributed to the eligible shareholders within 30 days from the date of the 18th Annual General Meeting," the bank announced.

This dividend represents a notable return after more than a decade. In 2015, Central Bank of India last distributed a dividend of Rs 0.50 per Rs 10 share. The current recommendation reflects the bank's improved profitability and solid financial performance.

Central Bank of India Q4 Results 2025 Highlights

In the fiscal fourth quarter (Q4 FY2025), Central Bank of India reported a robust 41% year-on-year surge in net profit, reaching Rs 807 crore, compared with Rs 571 crore in the same quarter last year. Its total income for the quarter stood at Rs 9,699 crore, further emphasising its operational strength.

Latest Business Deal: Central Bank of India Buys Stakes in Future Generali Insurance Firms

On Friday, the CBI announced that it has successfully completed the purchase of major stakes in two Future Generali insurance companies. The bank has acquired a 24.91% stake in Future Generali India Insurance Company Ltd (FGIICL) and a 25.18% stake in Future Generali India Life Insurance Company Ltd (FGILICL).

This move marks the bank's entry into both the general and life insurance sectors in a big way. The deal was finalised after signing key agreements with Generali Group, a major insurance company based in Italy. These agreements included shareholder terms, brand rights, and distribution plans. The deal has also received all necessary approvals from the Reserve Bank of India (RBI), giving the bank a green light to move forward with its plans in the insurance space.

Central Bank of India Share Price

On the stock market, the bank's shares ended the trading session on Friday, 27 June, at Rs 39.20, marking a 1.08% uptick. Despite a 36% correction over the past year, the stock has rebounded strongly, appreciating by 37% over two years and delivering a remarkable 127% return over three years.

Central Bank of India remains a prominent PSU, forming part of the BSE 200 index, with a market capitalisation of approximately Rs 35,481 crore.It operates through a vast network of over 4,500 branches and more than 20,000 customer touchpoints across the country. With its partnership with Generali, the bank aims to offer a wide range of life, health, and general insurance products tailored to the needs of the Indian market.