NBB, MBL, PURBL and NTC published notice regarding distribution of cash dividend directly to the bank accounts of respective shareholders

The following companies have published notice regarding distribution of cash dividend directly to the bank accounts of the respective shareholders from today:

  1. Nepal Bangladesh Bank (NBB), 10.53% cash dividend
  2. Purnima Bikas Bank (PURBL), 6.37% cash dividend
  3. Machhapuchchhre Bank Limited (MBL), 10% cash dividend
  4. Nepal Telecom (NTC), Rs.55 per share

NBB had proposed issue of 10.53% cash dividend from the profits of FY 74/75 while MBL had proposed issue of 10% cash dividend from profits of FY 74/75. Both the commercial banks didn’t propose distribution of bonus shares. Similarly, PURBL had proposed issue of 5% bonus shares and 6.37% cash dividend from profits of FY 74/75. Finally, NTC had proposed cash dividend of Rs.55 per share from the profits of FY 74/75.