Sindhu Bikas Bank proposes 12.09% dividend for its shareholders; Capital after adjustment to reach Rs 55.75 crore
Tue, Dec 17, 2019 4:19 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Sindhu Bikas Bank (SINDU) has proposed 12.09% dividend for its shareholders from the accumulated profit till 2075/76.
The 268th Board Meeting held on Poush 01, 2076 has decided to propose the following dividend:
Current paid-up capital: Rs 50.02 crore
Bonus shares: 11.513% worth Rs 5.75 crore
Cash dividend: 0.575% worth Rs 28.78 lakh for tax purpose
Total dividend: 12.09% worth Rs 6.04 crore
Capital after adjustment: Rs 55.75 crore
The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the bank.
The dividend history of SINDU is:
