NMB Bank (NMB) Distributing 3.2% Cash Dividend

NMB Bank Limited (NMB) is distributing 3.2% cash dividend directly to bank accounts of shareholders. This is a portion of the dividend distributed for the fiscal year 2076/77. The bank has proposed a 16.2% dividend, i.e. 3.2% cash dividend and a 13% bonus shares from the paid-up capital. The paid-up capital of the company is Rs. 14,44,77,52,966. Thus, the cash dividend amounts to Rs. 46,23,28,094 and the bonus shares total 46,23,28,094.94 units.

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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