Friday, November 19, 2021
    Nepal Stock ExchangeRight | Bonus | DividendBank of Kathmandu Limited (BOKL) proposes a dividend of 14 percent for...

    Bank of Kathmandu Limited (BOKL) proposes a dividend of 14 percent for the fiscal year 2077/78.

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    The Bank of Kathmandu Limited (BOKL) has recommended a 14 percent dividend for the fiscal year 2077/78, according to the company’s website.

    The 20 meeting of the board of directors, which was held on Kartik 8, decided to distribute the dividend on the paid-up capital that had maintained as of Ashar end, 2078. 10 percent bonus shares worth Rs 96.58 crores and a 4 percent cash dividend (for bonus shares tax purposes) worth Rs 38.63 crores were proposed as part of the dividend distribution.

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    The dividend will be paid only if it has approved by the and approved by the company’s future annual general meeting.

    BOKL has an LTP of Rs 333.50 as of the time of writing.

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