Nepal Bangladesh Bank Limited (NBB) has recommended a 15.5 percent dividend for the fiscal year 2077/78, which would be paid out to shareholders.
It was proposed today at the board’s 375th meeting that shareholders receive 12 percent bonus shares and receive 3.5 percent in cash dividends.
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, NBB’s LTP is at Rs. 439.