Vijaya Bank, a nationalized bank in India, announces dividend for it’s share holders. The Board of Directors of Vijaya Bank has recommended a dividend of Rs. 2.50 per share on the bank’s equity share capital and at 9.50 per cent p.a. on perpetual non-cumulative preference share capital of the bank payable to the Government of India for the financial year 2011-12.
According to a press release share holders approved the recommendations of the Board of Directors regarding adoption of accounts and payment of dividend to share holders and Government of India.