NBB offers 17.79% dividend, including 10% bonus shares

Wed, Oct 9, 2013 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, October 9:


Pleasantly surprising its shareholders, Nepal Bangladesh Bank Limited has pledged 17.79 percent dividends -- 10 percent bonus share and 7.79 percent cash – from the net profit it posted in the last fiscal year 2069/70.


The decision to this effect has just been taken by the bank’s Board of Directors.


The decision, however, is subject to the approval of the Nepal Rastra Bank and the Annual General Meeting of NBB.