Last Day to Grab the 20% Dividend of Himalayan Bank Limited (HBL)

Himalayan Bank Limited (HBL) has called its 28th AGM on Poush 27. The meeting will be streamed virtually starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. Himalayan Bank has proposed a 14% bonus shares and 6% cash dividend from the paid-up capital for the fiscal year 2076/77. The paid-up capital of the company is Rs. 9,37,22,81,428. Thus, the cash dividend is worth Rs. 56,23,36,885 and the bonus shares are worth Rs. 1,31,21,194.

Furthermore, the AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share.

The book closure date is announced tomorrow, i.e. on Poush 14. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 14 to Poush 27.