Sanima Bank offers 20% stock dividend

ShareSansar, September 3:

Sanima Bank limited (SANIMA) has decided to distribute 20 percent bonus share to its shareholders.

The BOD meeting of Sanima Bank limited has proposed 20 percent bonus share and 1.05 percent cash dividend (tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2071/72. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.

Sanima Bank has earned Rs 60.41 crore in the fourth quarter of last fiscal year 2071/72 as per unaudited report. Its paid-up capital remains at Rs 2.55 arba and a reserve of Rs 8.87 crore.

Previous year, Sanima Bank has offered 15 percent bonus share to its shareholder.