Bagmati Development Bank announces 15% stock dividend
Mon, Dec 14, 2015 2:40 AM on Latest, Dividend, Bonus & Rights, Stock Market,
Bagmati Development Bank Limited (BGDBL) has decided to distribute 15 percent bonus share and 0.79 percent cash dividend for tax purpose to its shareholders.
The 109thBOD Meeting of the company has proposed 15 percent bonus share 0.79 percent cash dividend for tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72.
The decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
In the previous fiscal year 2070/71, Bagmati Development Bank had distributed percent 10.53 percent bonus share to their shareholders.
