Himalayan bank proposes 22% dividend worth Rs 1.87 arba; 10% bonus and 12% cash dividend
Thu, Nov 14, 2019 11:11 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Himalayan Bank (HBL) has proposed 22% dividend for its shareholders from the profit of FY 2075/76.
The 377th Board Meeting held on Kartik 28, 2076 has decided to propose the following dividend:
Paid-up capital as of Q4 2075/76: Rs 8.52 arba
Bonus shares: 10% worth Rs 85.2 crore
Cash dividend: 12% worth Rs 1.02 arba including tax
Total dividend: 22% worth Rs 1.87 arba
Paid-up capital after adjustment: Rs 9.37 arba
The proposal is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting of the Bank.
The dividend history of the bank is given below:
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