NMB Bank Limited (NMB) will have an AGM on Poush 22 to approve a 15.8% dividend.

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On Poush 22, Bank Limited (NMB) will hold its 26th Annual General Meeting (AGM). The meeting will begin at 10:30 a.m. in the Tribhuvan Army Club in Tundikhel, Kathmandu.

The AGM will approve a 15.8% dividend for fiscal year 2077/78, among other items on the agenda. On Kartik 12, the 427th meeting of the board of directors resolved to the dividend on the Rs. 16.32 Arba paid-up capital. There has been a proposal for 12.5 percent bonus shares worth Rs 2.04 Arba a 3.3 percent cash dividend (including bonus shares tax) worth Rs 53.87 crore.

There is also a discussion about increasing the company’s existing issued capital to Rs. 18.36 Arba on the agenda.

The book will be closed on the 7th of Poush. As a result, shareholders who held shares prior to that date are entitled to the dividend payment are welcome to attend the AGM. Yesterday, NMB’s ordinary shares closed at Rs. 362 per share.

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