Last day for investors to clinch Lumbini Bank’s 11% dividend; AGM on Mangsir 5
Thu, Oct 30, 2014 12:00 AM on Book Closure,
ShareSansar, October 30:
Investors have a last day today to grab the shares of Lumbini Bank Ltd which is closing its shareholders book from tomorrow onwards for the purpose of convening annual general meeting (AGM).
Investors buying shares of the bank will only be entitled for the dividend announced by the bank for the fiscal year 2070/71.
It may noted that Lumbini Bank has already pledged 6 percent bonus shares plus 5 percent cash dividend to its shareholders from the net profit it has earned in the last fiscal year 2070/71.
According to the fourth quarterly unaudited financial statement of the bank, it made a net profit or Rs 24.33 crore, up from Rs 14.96 crore in the corresponding period of the previous fiscal year 2069/70.
The bank is holding its 17th AGM on Mangsir 5 at Narayangarh Chitwan. The last trading price of the bank at Nepal Stock Exchange stood at Rs 346 on Tuesday.
