Sunrise Bank Limited (SRBL) Proposes 7% Dividend for FY 2077/78

Tue, Nov 9, 2021 10:20 AM on Dividend, Bonus & Rights, Latest,

Sunrise Bank Limited (SRBL) has proposed a 7% dividend for the fiscal year 2077/78.

The meeting of the board of directors held on Kartik 22 decided to distribute the dividend on the paid-up capital of Rs. 9.48 Arba. 6.65% bonus shares and 0.35% cash dividend (for tax purposes) have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.

As of writing, SRBL has an LTP of Rs 311.

Dividend History: