Reminder! Last Day to Grab 20.68% Dividend of Everest Bank

Today is the last day to grab 20.68% dividend proposed by Everest Bank Limited (EBL).

The bank has called its 28th AGM on 26th Mangsir, 2079. The meeting will be held in Lainchaur Banquet, Lainchaur, Kathmandu, starting at 11 am that day.

Among the other agendas, the AGM will endorse the 20.68% dividend for the fiscal year 2078/79. The meeting of the board of directors held on Kartik 18 has decided to distribute 7.68% cash dividend and 13% bonus shares from the paid-up capital. The paid-up capital of the company stands at Rs. 9.42 Arba. Thus, the cash dividend amounts to Rs. 57,04,19,728 and bonus shares are worth Rs. 96,55,54,228 proposed to the shareholders. The cash dividend includes the tax amount for the bonus shares.

Furthermore, there is also an agenda to increase the authorized capital of the bank from Rs. 10 Arba to Rs. 15 Arba and to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint auditor for the fiscal year 2079/80.

Mangsir 13 is the book closure date. Thus, shareholders maintained today are entitled to the dividend payout and can also attend the AGM.