Don't Forget: Last Day to grab 11.84% dividend of Standard Chartered Bank (SCB)
Wed, Dec 23, 2020 10:02 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Today is the last day to grab the 11.84% dividend of Standard Chartered Bank Nepal Limited (SCB).
The bank has called its 34th AGM on Poush 24, i.e. January 08. Among other proposals, the AGM will endorse the 11.84% dividend for the fiscal year 2076/77. The bank has proposed a 7% bonus shares and a 4.84% cash dividend for its shareholders from the profit of FY 2076/77.
The book closure is announced tomorrow, i.e. Poush 09. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. As of writing, the bank's LTP is Rs. 650. Books will be closed from Poush 09 to Poush 24.
