Paschimanchal Bikas Bank announces 10% stock & 10.53% cash dividend

Paschimanchal Bikas Bank Limited (PDBL) has decided to distribute 10 percent bonus share 10.53 percent cash dividend including for tax purpose to its shareholders. The BOD Meeting of the company held on Poush 2 has proposed 10 percent bonus share 10.53 percent cash dividend including for tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Earlier in the fiscal year 2068/69, Pachimanchal Development Bank had distributed 10.53 percent cash dividend to their shareholders.