Birtamode based Excel Dev. Bank announces 35% Stock Dividend
Thu, Nov 20, 2014 12:00 AM on Dividend, Bonus & Rights,
Sharesansar, November 20:
The BOD meeting of Excel Development Bank Limited (EDBL) has proposed 35 percent bonus share and 1.84 percent cash dividend (for tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2070/71.
The recently held BOD meeting has decided to recommend a dividend to its shareholders. However, the decision is subject to approval from the Bank’s upcoming Annual General Meeting and NRB.
Excel Development Bank has give 50 percent bonus share to its shareholders in the 2069/70 FY.
