23.1579% Dividend of City Development Bank gets approval
Tue, Dec 9, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, Dec 09:
The announced 22 percent bonus share and 1.1579 percent cash dividend for the tax purpose, from the net profit earned in the last fiscal year 2070/71, by the 108th BOD meeting of City Development Bank Limited (CDBL) has got approval from Nepal Rastra Bank.
Dividend will be distributed to its shareholders after the upcoming 8th Annual General Meeting of the Bank.
After the distribution of bonus share and issued 10:3 right share to its shareholders, the paid up capital of the bank will be 46.816 crore.
Currently bank is running its operation through its 13 branches in different districts in the country.
