Thursday, November 18, 2021
    Nepal Stock ExchangeRight | Bonus | DividendNepal Bank Limited (NBL) proposes a dividend of 17 percent for the...

    Nepal Bank Limited (NBL) proposes a dividend of 17 percent for the fiscal year 2077/78.

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    Nepal Bank Limited (NBL) has recommended a 17 percent dividend for the fiscal year 2077/78, which would paid to shareholders.

    The board of directors, in its meeting on Kartik 7, decided to disburse Rs. 12.63 arba as a dividend on the paid-up capital, which was previously decided. It has been proposed to issue 14 percent shares and pay a 3 percent dividend (including tax).

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    The dividend will paid only if it has been approved by the central bank and approved by the company’s future annual general meeting.

    Nepal Bank Limited has proposed a 12 percent share and a 4 percent dividend for the fiscal year 2076/77, which will effective January 1, 1977.

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    As of this writing, NBL’s LTP at Rs 455.10.

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