Nepal Bangladesh Bank proposes 10.53% cash dividend; Dividend to be endorsed after approval from NRB & AGM

Fri, Nov 30, 2018 12:14 PM on Dividend, Bonus & Rights, Latest, Stock Market,

Nepal Bangladesh Bank Limited (NBB) has proposed 10.53% cash dividend for the FY 2074/75.

As per the notice published in NEPSE, the commercial bank has proposed 10.53% cash dividend with cash for tax purpose.

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

For the FY 2074/75, the bank had distributed 12% bonus share and 3.79% cash dividend for its shareholders.