Shine Resunga Development Bank (SHINE) Proposes 11.05% Dividend For FY 2079/80

Wed, Oct 11, 2023 11:01 AM on Dividend, Bonus & Rights, Latest,

Shine Resunga Development Bank Limited (SHINE) has proposed an 11.05% dividend for the fiscal year 2079/80.

The bank's 280th meeting of the board held on 23rd Ashwin 2080, has proposed an 11.05% dividend from the paid-up capital. The paid-up capital of the bank stands at Rs. 4.28 Arba. 10.5% bonus shares worth Rs. 44.98 crores and 0.55% cash dividend (including tax) worth Rs 2.36 crores have been proposed.

This decision is subject to approval from the Nepal Rastra Bank after which it will be endorsed in the AGM of the company.

Dividend History: