Supreme to provide 15% dividend, Seti Finance announces 10 % bonus shares, 5% cash dividend

Wed, Oct 8, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, October 8:

Supreme Development Bank Ltd is providing 15 percent dividend to its shareholders.

According to the disclosure of the bank, the proposed 5 percent bonus share and 10 percent cash dividend of Supreme Development Bank Ltd has been approved by Nepal Rastra Bank on Ashoj 14.

Likewise, Seti Finance Ltd has also proposed 15 percent dividend to its shareholders.

According to the finance company, the board of directors (BOD) meeting held on Ashoj 14 decided to propose 10 percent bonus shares and 5 percent cash dividend to its shareholders.

The decision is, however, subject to the approval of finance company’s upcoming annual general meeting (AGM) and the NRB.