Everest Bank, too, distributing cash dividend from today

Thu, Oct 10, 2013 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, October 10:


Everest Bank Limited today started distributing 50 percent cash dividend to the shareholders from the net profit it posted in the last fiscal year 2060/70.


Though the bank will be issuing a public notice to this effect later on, the bank decided to start distributing the dividend through its office from today after many shareholders attending yesterday’s Annual General Meeting request for immediate distribution of the cash dividend.


The bank has offered 60 percent dividend (10 percent bonus share and 50 percent cash).