Sana Kisan offering 15% Cash Dividend, proposed 2:1 right

ShareSansar, November 9th:

The 227th BOD meeting of Sana Kisan Bikas Bank Limited has proposed 15.789 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2070/71.

The BoD meeting of bank held on Kartik 20, 2071 has decided to recommend a dividend to its shareholders. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.

The same meeting has also proposed rights shares in the ratio of 2:1 which is also subjected to the approval of concerning authority.