Agricultural Dev. Bank announces 7% bonus and 8% Cash
Thu, Jan 29, 2015 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, January 29:
The 555th BOD meeting of Agricultural Development Bank Limited (ADBL) has proposed 7 percent bonus share and 8 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2070/71.
The BoD meeting of bank held on Magh 15 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.
Previous year Agricultural Development Bank has offered 31.58 percent cash dividend to its shareholders.
