Shangrila Development Bank Proposes 10.5263% Dividend for FY 2082/83; How much in Bonus shares and Cash?
Summary
Shangrila Development Bank Limited has proposed a 10.5263% dividend for fiscal year 2082/83, including 4% bonus shares and 6.5263% cash dividend for tax purposes. The payout is worth Rs. 39.30 crore and will be finalized after approval from Nepal Rastra Bank and the company’s AGM.
Key Points
- Shangrila Development Bank Limited has proposed a 10.5263% dividend for fiscal year 2082/83.
- The plan includes 4% bonus shares worth Rs. 14.93 crore and 6.5263% cash dividend worth Rs. 24.36 crore.
- The total proposed dividend is worth Rs. 39.30 crore based on the company’s paid-up capital of Rs. 3.73 arba.
- The dividend requires approval from Nepal Rastra Bank and endorsement at the upcoming AGM.
