Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the dividend decision of Sanima Bank Limited (SANIMA).
The BOD meeting of the commercial bank has decided that the bank will be distributing 11.0526% cash dividend (including tax) and 10% bonus shares for the shareholders out of the profits of FY 75/76.
This decision is subject to approval from the NRB after which it will be endorsed.
The bank’s profit has increased from Rs 1.69 arba in the fourth quarter of the fiscal year 2074/75 to Rs 2.24 arba in the fourth quarter of the fiscal year 2075/76. The bank’s paid up capital stands at Rs 8 arba with Rs 3.89 arba as its reserve and surplus account.