Ace Developement Bank offers 7% Stock Dividend
Wed, Nov 12, 2014 12:00 AM on Dividend, Bonus & Rights,
Sharesansar, November 12:
The 207th BOD meeting of Ace Development Bank Limited has proposed 7 percent bonus share and 0.37 percent cash dividend (for tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2070/71.
The BoD meeting of bank held on Kartik 25, 2071 has decided to recommend a dividend to its shareholders. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.
