Machhapuchchhre Bank become first bank to announce dividend; proposes 10.40% dividend for its shareholders

Machhapuchchhre Bank, through its board meeting held on Asoj 1, 2077, has proposed to provide 10.40% dividend to its shareholders from the profit it had made in the FY 2076-77. The bank will issue 7.03% bonus shares and 3.37% cash dividend (including tax) after the board’s decision gets endorsed by the Nepal Rastra Bank and from its upcoming AGM, as per the media statement.

The bank had earned Rs 1.25 arba in the previous FY thereby taking its EPS to Rs 14.80. it’s paid-up capital stands at Rs 8.45 arba with Rs 3.1 arba in its reserve and surplus.

Dividend History: