Nepal Credit & Commerce Bank (NCCB) Proposes 11% Dividend for FY 2078/79
Sun, Oct 16, 2022 11:28 AM on Dividend, Bonus & Rights, Latest,
Nepal Credit & Commerce Bank Limited (NCCB) has proposed a 11% dividend for the fiscal year 2078/79.
The 910th meeting of the board of directors held on Ashwin 29 decided to distribute the dividend on the paid-up capital of Rs. 11,13,96,78,014.
3.3663% bonus shares and 7.6337% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 37.50 Crores and the cash dividend is worth Rs. 85.03 Crores. The cash dividend has been proposed for the tax amount on bonus shares.
The proposal is subject to approval from Nepal Rastra Bank and its upcoming Annual General Meeting.
Dividend History:
