Nepal Investment Bank and Gandaki Bikas Bank urges shareholders to dematerialize shares and update bank account for cash dividend
Tue, Jan 22, 2019 11:04 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Nepal Investment Bank (NIB) will be distributing 22% cash dividend from the net profit of FY 2074/75. Similarly, Gandaki Bikas Bank (GDBL) will also be distributing 14.20% cash dividend (with tax).
As per the notice published today by both the companies for shareholders who have already dematerialized their shares, they have urged them to update their demat accounts with their bank accounts where the cash dividends will be transferred. For those who are yet to dematerialize their shares, it has urged them to open Demat account.
