Citizens Bank International Limited (CZBIL) has proposed the dividend for the fiscal year 2078/79.
The meeting of the board of directors held on Aswin 6, 2079 has decided to distribute a 9% of the paid-up capital as a dividend for the fiscal year 2078/79. The paid-up capital of the company as of the end of the fiscal year 2078/79 is Rs. 14.20 arba.
9% dividend will be distributed as a cash dividend worth Rs 1.27 Arba. In the fiscal year 2077/78, the bank distributed 12.913% bonus shares and a 3.087% cash dividend.
As of writing, Citizens Bank International Limited's closing price on the last trading day is Rs. 188.10.
The dividend will be distributed only after endorsement by the upcoming AGM and approval by Nepal Rastra Bank.