Mega Bank (MEGA) will pay a cash dividend of 2.07%.

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From the 28th Mangsir, 2078, Mega Bank Nepal Limited (MEGA) has paid a cash dividend of 2.07% to its shareholders’ bank accounts. Shareholders have been advised to their holdings by the corporation.

Mega Bank had its 11th Annual General Meeting (AGM) for the fiscal year 2077-2078 on Mangsir 28, 2078, under the of its chairman, Mr. Bhoj Bahadur Shah. Apart from the standard reports, the AGM approved the board’s proposal to give its shareholders 10% bonus shares worth Rs 1.46 Arba and a 2.07% cash dividend worth Rs 30.33 crore.

The same cash dividend is now distributed to qualifying shareholders’ bank accounts.

The cash dividend will be issued only when those who have not authenticated their bank account in their Demat accounts and have not dematerialized their shares have completed the relevant procedures. Furthermore, depending on when they accepted the loan, investors who obtained margin loans against MEGA’s shares must a No Objection Letter or a Release Letter.

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