Kamana Sewa Bikas Bank Limited (KSBBL) has announced a 12% dividend for its shareholders for the fiscal year 2080/81. The board of directors, in its meeting held on Bhadra 28, 2081, proposed to distribute a 7% bonus share and a 5% cash dividend (including tax) from the company’s profits up to the fourth quarter of the fiscal year.
However, the proposed dividend will only be distributed after receiving approval from the central bank and endorsement from the company’s upcoming 18th Annual General Meeting (AGM).
As of the last trading session, KSBBL closed at Rs. 483.00, reflecting investor confidence despite the dividend announcement awaiting official approvals.
