Nepal Bank Limited (NBL) Announces 12% Dividend Worth Rs. 1.72 Arba for FY 2078/79
Fri, Dec 16, 2022 11:20 AM on Dividend, Bonus & Rights, Latest,
Nepal Bank Limited (NBL) has proposed a 12% dividend for the fiscal year 2078/79.
The meeting of the board of directors held on Poush 01 has decided to distribute the dividend on the paid-up capital of Rs. 14.40 Arba. 2% bonus shares worth Rs 28.81 Crore and 10% cash dividend (including bonus shares tax purposes) worth Rs 1.44 Arba have been proposed.
The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM. As of writing, NBL has an LTP of Rs. 277.
Dividend History:
