Shine Resunga Development Bank (SHINE) Proposes 13% Dividend For FY 2081/82

Shine Resunga Development Bank Limited (SHINE) has proposed a 13% dividend for the fiscal year 2081/82.

The bank's 319th board meeting, held on 21st Kartik 2082, has proposed a 13% dividend from the paid-up capital. The paid-up capital of the bank stands at Rs. 4.87 Arba. 3% bonus shares worth Rs. 14.62 crore and a 10% cash dividend (including tax) worth Rs. 48.75 crore have been proposed.

This decision is subject to approval from the Nepal Rastra Bank, after which it will be endorsed in the AGM of the company.

Dividend History: