Everest Bank Limited Proposes 15% Dividend for FY 2082/83; How much in Bonus shares and Cash?
Summary
Everest Bank Limited has proposed a 15% dividend for fiscal year 2082/83, including 5% bonus shares and 10% cash dividend for tax purposes. The payout will take effect only after approval from Nepal Rastra Bank and endorsement at the company’s upcoming AGM.
Key Points
- Everest Bank Limited has proposed a 15% dividend for fiscal year 2082/83.
- The dividend package includes 5% bonus shares and 10% cash dividend for tax purposes.
- The proposal was approved in the 402nd board meeting held on Bhadra 11.
- The dividend is subject to approval from Nepal Rastra Bank and the company’s upcoming AGM.
