Bank of Kathmandu Limited (BOKL) announces book closure on Kartik 28 for AGM and Dividend Payout

Bank of Kathmandu Limited (BOKL) has announced its book closure date for AGM and dividend distribution.

The 167th meeting of the board of directors held on Kartik 20 has announced the book closure on Kartik 28. The book will be closed from Kartik 28 to Mangsir 15. Thus, investors maintained before Kartik 28 can attend the upcoming AGM and are also entitled to the dividend payout for the fiscal year 2076/77.

Bank of Kathmandu Limited (BOKL) has proposed a 16% dividend for the fiscal year 2076/77.

The bank has proposed a 3% cash dividend and a 13% bonus shares from the paid-up capital. Thus, the cash dividend amounts to Rs. 25,64,06,622 and bonus shares amount to Rs. 1,11,12,89,014. The cash dividend also includes the tax amount for the bonus shares.

Meanwhile, the bank has announced its upcoming 26th AGM on Mangsir 15. Because of the Covid-19 pandemic, investors will have to attend the AGM virtually via Zoom.