Lumbini Bikas Bank Declares 12% Dividend Worth Rs 39.41 Crores for FY 2078/79

Tue, Nov 22, 2022 10:13 AM on Dividend, Bonus & Rights, Latest,

Lumbini Bikas Bank Limited (LBBL) has proposed a 12% dividend for the fiscal year 2078/79.

The company's 435th meeting of the board held on 2nd Mangsir 2079, has proposed 12% dividend from the paid-up capital. The paid-up capital of the company stands Rs. 3.28 Arba. 3% bonus shares worth Rs. 9.85 crores and 9% cash dividend (including tax) worth Rs 29.55 crores have been proposed.

This decision is subject to approval from the Nepal Rastra Bank after which it will be endorsed in the AGM of the company.

Dividend History: