Nepal Infrastructure Bank Proposes 5.2632% Cash Dividend for FY 2082/83

Summary

Nepal Infrastructure Bank Limited has proposed a 5.2632% cash dividend for fiscal year 2082/83, worth Rs. 1,13,68,51,200 on its paid-up capital of Rs. 21.60 Arba. The payout will be finalized only after approval from the central bank and endorsement at the upcoming AGM.

Key Points
  • Nepal Infrastructure Bank Limited (NIFRA) has proposed a 5.2632% cash dividend for FY 2082/83.
  • The proposed dividend is worth Rs. 1,13,68,51,200 on paid-up capital of Rs. 21.60 Arba.
  • The dividend still requires approval from the central bank and endorsement at the company’s upcoming AGM.
  • NIFRA’s last traded price was Rs. 239.00 at the time of writing.
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