The board of directors voted to distribute 5% bonus shares and a 0.26 percent cash dividend for the fiscal year during their 367th meeting, which took place on Poush 05. The bonus shares are valued a little over Rs. 43.21 crores, while the cash dividend is worth Rs. 2.27 crores, based on the company’s paid-up capital of Rs. 8,64,36,60,847.79.
Only until Nepal Rastra Bank has approved the dividend and the company’s next AGM has approved it will it be distributed.
CBL has a closing price of Rs. 235 as of this writing.