STOCK TO WATCH: Last day to clinch 18.95% dividend, including 13% bonus share of Citizens Bank
Thu, Sep 11, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, September 11:
Today is the last day to grab 18.95 percent dividend from Citizens Bank International Limited.
Citizens Bank has announced book closure for the upcoming AGM from coming Sunday (September 14).
However, since today is the last trading day of the week at the share market, only those who can clinch the stock of Citizens Bank would be entitled to this dividend.
The bank has pledged 13 percent bonus shares and 5.95 percent of cash dividend to its share holders from the net profit it posted in the last fiscal year 2070/71.
According to the unaudited financial statement of the bank published recently, the bank earned a net profit of Rs 56.12 crore in the last fiscal year 2070/71, up from Rs 41.32 crore in the previous fiscal year 2069/70.
The bank had offered 15 percent cash dividend last year.
