Dividend Proposal for FY 2077/78 by Sanima Bank and Machhapuchchhre Bank

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Sanima Bank Limited (SANIMA) has recommended a dividend of 17.89 percent for the fiscal 2077/78, which begins on January 1, 2077.

Following today’s meeting of the board of directors, it was decided to propose 17 percent bonus shares and a 0.89 percent cash dividend for taxation reasons. This will be paid out of the paid-up of Rs. 9,68,15,19,200, which will be dispersed to the shareholders.

of this writing, SANIMA’s LTP stands at Rs. 510.

Additionally, Machhapuchchhre Bank Limited (MBL) has recommended a 14 percent dividend for the fiscal 2077/78, which would be paid to shareholders.

According to the minutes of the board of directors’ meeting held today, 13.3 percent bonus shares and a 0.7 percent cash dividend for tax reasons have been suggested. This will be paid out of the paid-up of Rs. 9,05,31,08,600, which will be divided to the shareholders.

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