Araniko Development proposed 5% stock and 5% cash dividend

Tue, Dec 23, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, December 23:

The BOD meeting of Araniko Development Bank Limited (ARDBL) has proposed 5 percent bonus share and 5 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 Poush 7 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.

The last traded price as on 22nd December, 2014 in NEPSE of ARDBL was Rs 143 per unit.