Nepal SBI Bank Proposes 8.25% Dividend for FY 2082/83; How Much in Bonus Shares and Cash?

Nepal SBI Bank Limited (SBI) has proposed an 8.25% dividend for the fiscal year 2082/83.

The 552nd meeting of the board of directors, held on Kartik 27, 2083, decided to distribute a 8.25% dividend on the paid-up capital of Rs. 11.33 Arba. 4.85% bonus shares and a 3.4% cash dividend (including tax) have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming 33rd AGM.