Tinau Development Bank announces 10% stock & 5% cash dividends; Paid up to Rs 50.68 crore
Sun, Sep 17, 2017 1:00 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
Tinau Development Bank Limited (TNBL) has announced dividends to its shareholders.
As per the notice published in NEPSE today, Board meeting of the development bank held on Bhadra 30, 2074 proposes 10% bonus and 5% cash dividends to its shareholders from the net profit of FY 2073/74.
The decision is subjected to the approval from the Nepal Rastra Bank and its upcoming AGM.
After the issuance of 10% bonus shares, its paid up capital will reach to Rs 50.68 crore from existing Rs 46.08 crore.
TNBL has earned Rs 9.67 crore in the fourth quarter of the FY 2073/74.
Its LTP stood at Rs 281 as of last trading day.
