Century Commercial Bank (CCBL) proposes a dividend of 6.05 percent for fiscal year 2077/78.

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fiscal year 2077/78, Commercial Bank Limited (CCBL) has recommended a dividend of 6.05 percent.

The 352nd meeting of the board of directors, held on Poush 02, resolved to pay a dividend of Rs. 9.03 Arba on the paid-up capital. 5.75 bonus worth somewhat more than Rs 51.92 crores been proposed, as well as a 0.3 percent cash dividend (including tax) of Rs 2.73 crores.

The dividend will be paid if the central bank has approved it and the company’s future AGM has approved it. CCBL currently has an LTP of Rs. 221.

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