Nepal bank distributed 10% cash dividend directly into bank accounts; Urges the remaining shareholders to update account

Wed, Jan 15, 2020 12:08 PM on Dividend, Bonus & Rights, Latest,

Nepal Bank Limited (NBL) had approved 10% cash dividend from its 60th AGM held on Poush 25, 2076.

The bank has published a notice stating that it has been distributing the dividends to the shareholders' bank account from Poush 25 itself. The bank, therefore, urges the remaining shareholders to dematerialize their shares and update bank information in the Demat account to receive the dividend.

Similarly, the bonus shares will also be directly deposited to the Demat account after being listed in Nepal Stock Exchange.

Civil Capital Markets is the share registrar of the bank.

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