Nabil bank declares 30% bonus share & 6.84% cash dividend; Paid up will rise to 4.75 arba

Nabil Bank Limited (NABIL) has decided to distribute 30 percent bonus share and 6.842 percent cash dividend for to its shareholders.The BOD meeting held on Ashwin 17, 2072 has proposed 30 percent bonus share and 6.842 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Last year, Nabil bank had distributed 20 percent bonus share and 45 percent cash dividend to their shareholders. NABIL has earned net profit of Rs 2.10 crore in the fourth quarter of last fiscal year 2071/72 as per unaudited report. It’s paid up capital remains at Rs 3.65 arba in fourth quarter of last fiscal year 2071/72 and after distributing 30 percent bonus share its paid up capital will stand at Rs 4.75 arba. Its last traded price stood at Rs 2570 as on October 4, 2015.