Nabil Bank Limited Proposes 15.80% Dividend for FY 2082/83

Nabil Bank Limited (NABIL) has proposed a 15.80% dividend for the fiscal year 2082/83. The bank has proposed an 8.00% dividend for preference shareholders worth Rs. 23.34 Crores and a 15.80% dividend worth Rs. 1.35 Arba, including tax, for ordinary shareholders from its accumulated profits.

The bank’s 712th Board of Directors meeting decided to distribute a 5% bonus share worth Rs. 1.35 Arba and 10.80% cash dividend worth Rs. 2.92 Arba, including applicable taxes, based on the bank’s current paid-up capital of Rs. 27.05 Arba, and the preference shares' capital is Rs. 5 Arba.

The proposed dividend is subject to approval from Nepal Rastra Bank and endorsement by the bank’s upcoming Annual General Meeting (AGM). The dividend will be distributed to eligible shareholders after receiving the necessary approvals.

Dividend History: