State Bank of Bikaner & Jaipur has informed BSE that the board of directors of the company at its meeting held on April 22, 2010, declared a dividend of 144 per cent ie Rs 14.40 per share (face value of Rs 10 per share) for the year 2009-2010.
Shares of the State Bank of Bikaner & Jaipur gained 2.57 per cent on the Bombay Stock Exchange, higher than the benchmark Sensex gain of less than one per cent. At 1pm, the shares were trading at Rs 477, up Rs 11.95. Earlier in the day, it touched a high of Rs 480.
For the financial year ended March 31, 2010, the bank registered a net profit of Rs 455.16 crore. The total income was pegged at Rs 4559.89 crore.