19% Bonus Shares of NIC Asia Bank Now Listed in NEPSE

1,84,63,537.98 units bonus shares of NIC Asia Bank Limited (NICA) have been listed in NEPSE. This is a portion of the dividend distributed for the fiscal year 2076/77.

The AGM of the bank had endorsed a 20% dividend worth Rs 1.94 Arba for the fiscal year 2076/77. The bank had proposed 19% in bonus shares whereas 1% as cash dividend for tax purposes. The same bonus shares are now listed in NEPSE.

The newly listed bonus shares are tradable from coming Sunday. As of writing, the LTP of the bank stands at Rs. 912.