Himalayan Bank announces 25% bonus shares; Paid up capital to reach Rs 8.11 arba

Himalayan Bank Limited (HBL) has announced dividend to its shareholders. As per the notice published in NEPSE today, the board meeting of the bank held on Kartik 14, 2074 has announced 25% bonus shares and 1.3158% cash dividends (for tax purpose) to its shareholders from the net profit it had earned in the FY 2073/74. The decision is subjected to the approval from the Nepal Rastra Bank and upcoming AGM. From the net profit of FY 2072/73, HBL had distributed 30% bonus shares. Its current paid up capital stands at Rs 6.49 arba. After 25% bonus shares distribution, it will reach to Rs 8.11 arba. It had earned Rs 2.17 arba in the fourth quarter of the FY 2073/74. Its LTP stood at Rs 857 as of last trading day.