Matribhumi announces 10% bonus share and 5% Cash Dividend

Fri, Jan 2, 2015 12:00 AM on Dividend, Bonus & Rights,

Sharesansar, January 2:

The 71st BOD meeting of Matribhumi Bikas Bank Limited (MTBL) has proposed 10 percent bonus share and 5 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2070/71.

The BoD meeting of bank held on Poush 18 has decided to recommend a dividend to its shareholders. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.