Last day to grab 11% dividend from Citizens Bank (CZBIL)

Wed, Nov 25, 2020 10:30 AM on Latest, Dividend, Bonus & Rights, Book Closure,

Today is the last day to grab the 11% dividend from Citizens Bank International Limited (CZBIL).

Citizens Bank International, through its 347th board meet held on Kartik 27, 2077, has decided to convene its 14th AGM on Mangsir 20, 2077. the AGM will endorse an 11% dividend as the primary proposal, as per the media statement. 8% is proposed as bonus shares and 3% in cash dividends.

Keeping in view the growing risk of COVID infection, the bank will convene its AGM virtually and has urged all the shareholders to show up their active participation during the day of AGM, as stated in the media statement.

Book will be closed tomorrow, i.e. Mangsir 11. So, investors maintained till today are entitled to the dividend and can also attend the AGM.

The bank currently provides its services to its strong customer base from its 111 branches, 99 ATM terminals, and 104 branchless banking units throughout the nation. As of writing, the LTP of CZBIL stands at Rs. 246. 

AGM notice