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    Nepal Stock ExchangeRight | Bonus | DividendIn its proposed dividend for the fiscal year 2077/78, Shine Resunga Development...

    In its proposed dividend for the fiscal year 2077/78, Shine Resunga Development Bank Limited (SHINE) recommends an 11.5 percent dividend.

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    During the fiscal year 2077/78, Shine Resunga Development Bank Limited (SHINE) has recommended a dividend of 11.5 percent on its capital.

    It was determined at the 244th meeting of the board of directors, which took place on Kartik 14, to distribute 10.93 percent bonus and 0.57 percent cash dividend (for tax reasons) from the paid-up capital. The paid-up capital of the company is Rs. 3.40 arba (Rs. 3.40 lakhs). As a result, the bonus are worth Rs. 37.25 each, and the cash dividend is worth Rs. 1.96 lakh.

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    Please keep mind that this dividend will be paid out after approval from Nepal Rastra Bank and consent from the company’s upcoming annual general meeting.

    At the time of writing, the bank’s last day closing was Rs. 532 per share.


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