Global IME Bank proposes 25.5% dividend from the profit of FY 2075/76; 12.75% bonus and 12.75% cash dividend
Tue, Oct 1, 2019 11:01 AM on Dividend, Bonus & Rights, Stock Market,
Global IME Bank Limited (GBIME) has proposed 25.5% dividend to its shareholders from the profit of FY 2075/76.
The 329th Board meeting of the bank held on Ashwin 14, 2076 had come to this decision. The breakdown of proposed dividend is 12.75 bonus shares and 12.75% cash dividend.
The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the bank.
Global IME Bank is currently in merger process with Janata Bank Limited and its stock trading is halted in NEPSE.
As on Q4 of FY 2075/76, GBIME had earned net profit of Rs 2.79 arba with Rs 2.42 arba distributable profit.
The dividend history of GBIME is as follows:
