Gandaki Bikas Bank proposes 14.20% cash dividend; Decision subject to approval from NRB and AGM

Tue, Nov 20, 2018 11:52 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Gandaki Bikas Bank Limited (GDBL) has proposed 14.20% cash dividend for its shareholders.

As per the notice published in NEPSE, the development bank has proposed 14.20% cash dividend worth Rs 39.05 crore for the FY 2074/75.

The decision of the development bank is subject to approval from Nepal Rastra Bank and upcoming AGM of the company.

The bank had distributed 19.31% bonus shares for the FY 2073/74 for its shareholders.