Professional Diyalo Bikas Bank announces 9.5 % stock dividend

Professional Diyalo Bikas Bank Limited (PRDBL) has decided to distribute 9.25 percent bonus share to their shareholder. The BOD Meeting of the company held on Mangsir 5 has proposed 9.25 percent bonus share to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Earlier in the fiscal year 2070/71, Professional DiyaloBikas Bank had distributed 10 percent bonus share and 5 percent cash dividend to their shareholders As per unaudited report PRDBL had earned net profit of Rs 41.28 lakh in the first quarter of the fiscal year 2072/73. It’s paid up capital remains at Rs 22 crore. After distributing 9.5 percent bonus share it’s paid up capital will rise to Rs 24.09 crore.