During the fiscal year 2077/78, Jyoti Bikash Bank Limited (JBBL) has proposed a dividend of 15.5 percent to shareholders.
An 11 percent bonus share worth Rs. 42.29 crores and a 4.5 percent cash dividend (for tax purposes) worth little more than Rs. 17.3 crores have been proposed at the 406th meeting of the board of directors, which was held on Mangsir 9.
The dividend will be paid only if it has been approved by the central bank and approved by the company’s future annual general meeting.
As of this writing, JBBL’s LTP is at Rs 541.