Kailash Bikas Bank announces 10% stock & 9.50% cash dividend; paid up to reach Rs 2.51 arba

Kailash Bikas Bank Limited (KBBL) has announced dividends to its shareholders. As per the notice published in NEPSE today, the development bank’s BOD meeting held on Ashwin 6, 2074 has declared 10% bonus along with cash dividend of 9.50% to its shareholders from the net profit of FY 2073/74. Its current paid up capital stands at Rs 2.29 arba. After 10% bonus shares, it will reach to Rs 2.51 arba. Last year, it had distributed 25% bonus shares to its shareholders. Its LTP stood at Rs 296 as of September 20, 2017.