STOCK WATCH: Last day to clinch 22% Dividend of Nepal SBI

Wed, Dec 31, 2014 12:00 AM on Book Closure,

ShareSansar, December 31:

Today is the last day for the investors to get hold of the dividend pledged by Nepal SBI Bank Limited (SBI) for the fiscal year 2070/71.

Nepal SBI is closing its shareholder register book from tomorrow (Poush 17) to convene its annual general meeting (AGM).

The bank has scheduled its 21nd AGM on Magh 14, 2071.  Only those investors buying shares of the bank till today (Wednesday) will be entitled for the dividend that it has announced for the fiscal year 2070/71 and allowed to attend the AGM.

Nepal SBI has already proposed 15 percent bonus share and 7 percent cash dividend to its shareholders from the profit of FY 2070/71.