Nepal SBI Bank proposes 16.84% dividend from the profit of FY 2075/76; 6% bonus and 10.84% cash dividend
Mon, Sep 30, 2019 10:16 AM on Latest,
Nepal SBI Bank Limited (SBI) has proposed 16.84% dividend to its shareholders from the profit of FY 2075/76.
The 441st Board meeting of the bank held on Ashwin 12, 2076 had come to this decision. The breakdown of proposed dividend includes 6% bonus shares and 10.84 cash dividend including tax amount.
The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the bank. Post the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 8.95 arba.
As on Q4 of FY 2075/76, SBI had earned net profit of Rs 2.30 arba with Rs 1.59 arba distributable profit. Similarly, the EPS of the bank stood at Rs 27.26 and the net worth per share stood at Rs 167.69.
The dividend history of Nepal SBI Bank is as follows:
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