Kumari Bank Proposes 2.1053% Cash Dividend for FY 2082/83

Kumari Bank Limited (KBL) has proposed a 2.1053% cash dividend for the fiscal year 2082/83.

The bank’s Board of Directors meeting held on Bhadra 30 decided to distribute a 2.1053% cash dividend, including tax, based on the bank’s paid-up capital. The company currently has a paid-up capital of Rs. 26.22 arba.

The proposed dividend will be distributed only after receiving approval from Nepal Rastra Bank and endorsement by the bank’s upcoming Annual General Meeting (AGM).

As of the time of writing, KBL’s Last Traded Price (LTP) stands at Rs. 221.60.