Nabil Bank proposes 34% dividend for the FY 2074/75; Paid-up capital to reach Rs 9 arba after 12% bonus shares

Tue, Dec 4, 2018 11:06 AM on Dividend, Bonus & Rights, Featured, Stock Market,
Nabil Bank...

Nabil Bank Limited (NABIL) has proposed 34% dividend for its shareholders.

As per the notice published in NEPSE, the bank has proposed 12% bonus shares and 22% cash dividend for the FY 2074/75.

The decision of the bank is subject to approval from Nepal Rastra Bank and upcoming AGM of the bank.

After the adjustment of 12% bonus shares, the paid-up capital of the bank will reach Rs 9.008 arba.

For the previous FY 2073/74, the bank had distributed 30% bonus shares and 18% cash dividend.