Global IME Bank Limited Proposes 10% Dividend for FY 2082/83; How much in Bonus shares and Cash?

Global IME Bank Limited (GBIME) has proposed a 10% dividend for the fiscal year 2082/83.

The 473rd meeting of the board of directors held on Bhadra 17 has decided to distribute 4% bonus shares and 6% cash dividend (for tax purposes) from the paid-up capital. The paid-up capital of the company is Rs. 38.11 arba.

Note that this dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the company's upcoming AGM.

As of the time of writing, the company's LTP stands at Rs. 240.00.

Dividend History: