Imagine a bank that not only manages your money but also rewards you for trusting it. A bank that consistently performs well year after year and quietly shares its success with its loyal investors.
Well, one of India’s top PSU banks has done just that. It recently declared its Q4 results for FY2024-25 and announced a dividend that could make shareholders smile.
Let’s first understand why this dividend announcement is so important — and then we’ll reveal the bank and all the details you need to know.
About the Bank
This bank is widely trusted in India, especially in rural and semi-urban areas. With a market capitalisation of around ₹1.15 lakh crore, it has continued to deliver steady growth and take care of its shareholders through consistent dividends.
Now let’s come to the big reveal.
Bank of Baroda Declares ₹8.35 Dividend for FY2024-25
Yes, it’s Bank of Baroda — the public sector giant that has again impressed with solid profits and a rewarding dividend.
Here’s what the bank announced:
| Company Name | Bank of Baroda (BoB) |
| Sector | Public Sector Bank |
| Dividend Declared | ₹8.35 per share |
| Face Value | ₹2 per share |
| Dividend Type | Final Dividend |
| Ex-dividend Date | 5 June 2025 |
| Record Date (Cut-off Date) | 6 June 2025 |
| Dividend Status | Awaiting approval in AGM |
| AGM (Annual General Meeting) | 29th AGM |
Only shareholders who hold shares as on 6th June 2025 will be eligible for this dividend.
Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More
Q4 Results Highlights (FY2024-25)
Bank of Baroda’s Q4 performance shows resilience and consistency, even in a competitive banking space:
| Metric | Q4FY25 | Q4FY24 | Change |
|---|---|---|---|
| Net Profit | ₹5,048 crore | ₹4,886 crore | +3.3% |
| Interest Income | ₹30,642 crore | ₹29,583 crore | +3.6% |
| Net Interest Income (NII) | ₹11,020 crore | ₹11,793 crore | –6.6% |
While NII dipped slightly, overall profit still improved — which shows better operational efficiency and profitability.
What’s the Difference Between Interest Income and Net Interest Income?
- Interest Income refers to the total money a bank earns from lending activities like loans, advances, etc.
- Net Interest Income (NII) is the difference between the interest earned from loans and the interest paid to depositors.
Bank of Baroda Dividend History (Past 5 Years)
| Ex-Date | Dividend Amount (₹/share) |
|---|---|
| 28 June 2024 | ₹7.60 |
| 30 June 2023 | ₹5.50 |
| 17 June 2022 | ₹2.85 |
| 22 June 2017 | ₹1.20 |
| 16 June 2015 | ₹3.20 |
This clearly shows a steady rise in dividend payouts, especially in the last 3 years.
Will I Have to Pay Tax on the Dividend?
Yes. Here’s how taxation works:
- The dividend will be added to your total income.
- It will be taxed as per your income tax slab.
- If total dividend income exceeds ₹5,000 per year, TDS at 10 percent will be deducted.
Final Thoughts
Bank of Baroda continues to prove itself as a strong and stable PSU stock. It has a combination of consistent growth, improving profits, and generous dividends.
Disclaimer:
This article is purely intended for informational and educational purposes. It does not constitute financial advice or a recommendation to buy, sell, or hold any financial instrument. The author is not a SEBI-registered financial advisor. Readers are strongly advised to consult with a certified financial advisor before making any investment or financial decisions.