Himalayan Bank announces 35% bonus share & 7.10% cash dividend

Himalayan Bank Limited (HBL) has decided to distribute 35 percent bonus share and 7.1053 percent cash dividend including for tax purpose to its shareholders. The BOD Meeting of the company held on Kartik 18 has proposed 35 percent bonus share and 7.1053 percent cash dividend including tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming 23^rd Annual General Meeting (AGM). Earlier in the fiscal year 2070/71, Himalayan Bank had distributed 15 percent bonus share and 6.05 percent cash dividend to their shareholders HBL had earned net profit of Rs 1.09 arba in the fourth quarter of last fiscal year 2071/72 unaudited report. It’s paid up capital remains at Rs 3.33 arba. After distributing 35 percent bonus share it’s paid up capital will rise to Rs 4.49 arba. Paid up capital plan of Himalayan Bank