Everest Bank Limited (EBL) has proposed a 20.53% dividend for the fiscal year 2079/80. In their 357th Board of Directors (BODs) meeting on Bhadra 27, they decided to distribute this dividend as a 10.53% cash dividend and a 10% bonus share from their paid-up capital, which is currently at Rs. 10.69 Arba. It’s important to note that the cash dividend already includes the tax amount for the bonus shares. However, this decision is pending approval from the NRB (Nepal Rastra Bank), and it will be finalized in the upcoming AGM (Annual General Meeting) of the bank.
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