Nepal Investment Bank Limited (NIB) Distributing 5.5% Cash Dividend; Here's How to Claim Yours

Nepal Investment Bank Limited (NIB) is distributing a 5.5% cash dividend to its shareholders.

Nepal Investment Bank Limited (NIB) has successfully held its 34th Annual General Meeting (AGM) for the fiscal year 2076-77 on 21st January 2021 at its head office, Durbar Marg, Kathmandu. The AGM has endorsed the board's decision to distribute 18.5 % total dividend; 13 % bonus shares, and 5.5% cash dividend, on its total paid-up capital.

Investors should authorize their bank details on their Demat account to get the dividend.

Meanwhile, investors who still hold physical shares of the company should dematerialize their shares as early as possible to claim their dividend. Furthermore, if eligible investors had taken a loan against the shares of the companies before the book closure date, they should present a No Objection Letter from their lending institution in order to receive the dividend.

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