NMB Bank Limited Proposes 10% Dividend for FY 2081/82

NMB Bank Limited (NMB) has proposed a 10% dividend worth Rs. 1.83 Arba for the fiscal year 2081/82.

The 499th meeting of the Board of Directors (BoD) held on Mangsir 05 has decided to distribute a 10% dividend on the paid-up capital of Rs. 18.36 Arba. 5% bonus shares worth Rs. 91.83 Crores and 5% cash dividend (including tax) worth Rs. 91.83 Crores have been proposed.

Note that this dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the company's upcoming AGM.

As of writing, NMB has an LTP of Rs. 237.00.

Dividend History: