Bank of Kathmandu proposes 25% dividend; To meet minimum capital requirement after 14% bonus adjustment
Fri, Dec 14, 2018 11:15 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Bank of Kathmandu Limited (BOKL) has proposed 25% dividend for the FY 2074/75.
As per the notice published in NEPSE, the commercial bank has proposed 14% bonus shares and 11% cash dividend for its shareholders.
The decision of the bank is subject to approval from Nepal Rastra Bank and upcoming AGM of the company.
After the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 8.05 arba meeting the minimum capital requirement.
