Bank of Kathmandu declares 26% bonus share; EPS stood Rs 15.75 in 71/72 FY

Bank of Kathmandu (BOK) has decided to distribute 26 percent bonus share and 1.36 percent cash dividend for tax purpose to its shareholders. The BOD meeting held on Ashwin 11, 2072 has proposed 26 percent bonus share and 1.36 percent cash dividend (tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2071/72. However, the decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Bank of Kathmandu Limited has posted net profit of Rs. 33.38 crore in its 4th quarter of fiscal year 2071/72. Bank of Kathmandu had provided 10.42 percent bonus shares and 0.55 percent cash dividend to its shareholders from the net profit of fiscal year 2070/71. The bank has 50 branches, 57 ATM and 8 exchange counters.