Check out which Development Bank stocks are offering high dividend yields
Wed, Aug 26, 2015 12:00 AM on Dividend, Bonus & Rights,
ShareSansar August 26:
Many people invest in dividend-paying stocks as dividend-paying stocks represent companies that are considered financially stable and mature, the stock prices of these companies may steadily increase over time while shareholders enjoy periodic dividend payments.
Out of all development Banks, Biratlaxmi Development Bank Limited (BLDBL) had issued highest dividend from the profit of fiscal year 2070/71.
Biratlaxmi Bikas Bank Limited (BLDBL) had provided 47.37 percent dividend from the profit of fiscal year 2070/71. It had also provided 27 percent dividend from the profit of fiscal year 2069/70.
BLDBL has posted a net profit of Rs 9.31 crore in the fourth quarter of fiscal year 2071/72. The profit rose by 39.92% compared to Rs 6.65 crore reported in the fourth quarter of fiscal year 2070/71.
Muktinath Bikas Bank Limited (MNBBL) has distributed 40 percent dividend from the profit of fiscal year 2070/71. From the profit of fiscal year 2069/70 and 2068/69, the bank had distributed 27.5 and 50 percent dividend respectively.
From the profit of 2069/70 Excel Development Bank Limited (EDBL) had provided 52.42 percent dividend, it was highest dividend provided that year out of all development banks. From the profit of fiscal year 2070/71, the development bank had issued 36.84 percent dividend.
Check out Development Bank stocks offering high dividend yields. The dividend list of past four years.
2070/71 |
|||
Symbol |
Bonus Share % |
Cash Dividend % |
Total Dividend % |
|
Biratlaxmi Bikash Bank Limited |
45 |
2.37 |
47.37 |
|
Muktinath Bikas Bank Ltd. |
38 |
2 |
40 |
|
Excel Development Bank Ltd. |
35 |
1.84 |
36.84 |
|
Sahayogi Vikas Bank |
26 |
10 |
36 |
|
Hamro Bikas Bank Ltd. |
7 |
20 |
27 |
|
Miteri Development Bank Limited |
25 |
1.316 |
26.316 |
|
Subhechha Bikas Bank Limited |
14.34 |
11.66 |
26 |
|
BRGHT DEVELOPMENT BANK LTD |
20 |
5 |
25 |
|
Kailash Bikas Bank Ltd. |
15 |
10 |
25 |
|
Karnali Development Bank Limited |
25 |
0 |
25 |
2069/70 |
|||
Symbol |
Bonus Share % |
Cash Dividend % |
Total Dividend % |
|
Excel Development Bank Ltd. |
50 |
2.64 |
52.64 |
|
Sahayogi Vikas Bank |
26 |
8.5 |
34.5 |
|
Bageshowori Dev.Bank |
32.12 |
0 |
32.12 |
|
Paschimanchal Grameen Bikas Bank Limited |
15 |
15 |
30 |
|
Muktinath Bikas Bank Ltd. |
20 |
7.5 |
27.5 |
|
Swabalamwan Bikash Bank |
14 |
13.368 |
27.368 |
|
Biratlaxmi Bikash Bank Limited |
27 |
0 |
27 |
|
Garima Bikas Bank Limited |
20 |
5 |
25 |
|
Miteri Development Bank Limited |
20 |
5 |
25 |
|
Pacific Development Bank Limtied |
22 |
1.13 |
23.13 |
2068/69 |
|||
Symbol |
Bonus Share % |
Cash Dividend % |
Total Dividend % |
|
NIDC DEVELOPMENT BANK LTD. |
54 |
0 |
54 |
|
Muktinath Bikas Bank Ltd. |
22.5 |
27.5 |
50 |
|
City Development Bank Limited |
15 |
14 |
29 |
|
Sahayogi Vikas Bank |
26 |
0 |
26 |
|
Excel Development Bank Ltd. |
25 |
0 |
25 |
|
Garima Bikas Bank Limited |
10 |
15 |
25 |
|
Resunga Bikas Bank Limited |
22 |
1.16 |
23.16 |
|
Triveni Bikas Bank Limited |
10 |
13 |
23 |
|
Miteri Development Bank Limited |
20 |
0 |
20 |
|
Sewa Bikas Bank Limited |
20 |
0 |
20 |
2067/68 |
|||
Symbol |
Bonus Share % |
Cash Dividend % |
Total Dividend % |
|
Resunga Bikas Bank Limited |
15 |
11.32 |
26.32 |
|
Excel Development Bank Ltd. |
0 |
25 |
25 |
|
Sahayogi Vikas Bank |
20 |
2.88 |
22.88 |
|
Gandaki Bikas Bank Limited |
10 |
10 |
20 |
|
Garima Bikas Bank Limited |
0 |
18 |
18 |
|
Sewa Bikas Bank Limited |
0 |
18 |
18 |
|
Triveni Bikas Bank Limited |
17 |
0 |
17 |
|
City Development Bank Limited |
10 |
6.5 |
16.5 |
|
Bishwa Bikas Bank Limited |
0 |
15.79 |
15.79 |
|
Western Development Bank Limited |
0 |
15.79 |
15.79 |
