Today is the last day to receive Nepal Bank Limited’s 17 percent dividend (NBL)

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Nepal Bank Limited (NBL) has scheduled its 62nd Annual General Meeting (AGM) for the 2nd Poush of the year 2078. The meeting will take in the company’s central office in Dharmapath, Kathmandu, and will begin at 11 a.m. on the scheduled and time.

The AGM will also approve a 17 percent dividend for the fiscal year 2077/78, among other items on the agenda. The dividend on the paid-up capital of Rs. 12.63 was determined at the board of directors meeting held on Kartik 7 that the dividend on the paid-up capital would be distributed. It has been proposed to issue 14 percent shares and pay a 3 percent cash dividend (including tax).

The book will be closed on Mangsir 21, according to the calendar. As a result, who have held their shares up to the present day are eligible for the dividend payout and are welcome to attend the AGM.

As of this writing, NBL’s LTP is at Rs 422.

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