Do you hold shares of NMB Bank? NMB to distribute 10% bonus shares and 20% cash dividend
Thu, Nov 22, 2018 11:10 AM on Dividend, Bonus & Rights, Featured, Stock Market,
The meeting of BODs of NMB held on 5th Mangsir, 2075 decided to distribute bonus share and cash dividend to investors. The investors will be distributed with 10% bonus shares and 20% cash dividend.
NMB Bank has paid up capital of Rs 8 arba 74 crore. After the distribution of bonus share, NMB will have Rs 9 arba 69 crore 89 lakhs as paid up capital.
Last year, NMB had distributable profit of Rs 1 arba 89 crore 29 lakhs. NMB Bank will be distributing dividend based on the profit distributable and collected FPO premium.
In the first quarter, NMB Bank Limited has reported a decent rise by 18.81% in the net profit for the first quarter of the fiscal year 2075/76.
The bank’s profit increased from Rs 46.34 crore in the first quarter of the fiscal year 2074/75 to Rs 57.05 crore in the first quarter of the fiscal year 2075/76. The bank has Rs 49.24 crore as Free Profit after Regulatory Adjustments. The bank’s deposit has decent growth rate of 19.30% to Rs 85.83 arba and loans and advances have also increased by 30.39% to Rs 82.77 arba in the first quarter. In the first quarter, the EPS of the bank stands at Rs 26.08. The net worth per share stands at Rs 199.75.
