Sindhu Bikas amends its decision of dividend declaration
Sun, Nov 16, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, November 16:
The 112th BOD meeting of Sindhu Bikas Bank Limited has changed its previous dividend declaration decision. The BOD has now proposed to distribute 11 percent bonus share and 0.58 percent (for tax purpose) to its shareholders from the profit it earn in FY 2070/71.
Earlier BOD has proposed to distribute 7.5 percent bonus share and 0.58 cash dividend (for tax purpose). However, the decision is subject to approval from Nepal Rastra Bank and its upcoming AGM.
