Nepal Investment Bank (NIB) Proposes 13% Bonus shares and 5.5% Cash Dividend for FY 2076/77

Nepal Investment Bank Limited (NIB) has proposed an 18.5% dividend for the fiscal year 2076/77.

The bank's 540th meeting of the board held on Poush 05 has proposed a 5.5% cash dividend and a 13% bonus shares from the paid-up capital. The paid-up capital of the company is Rs. 14,24,89,54,500. Thus, the cash dividend amounts to Rs. 78,36,92,498 and the bonus shares are worth Rs. 1,85,23,64,085.

This decision is subject to approval from the NRB after which it will be endorsed in the AGM of the bank. As of writing, the LTP of the bank stands at Rs. 509.

Dividend History: