Global IME Bank Limited Proposes 10% Dividend for FY 2082/83; How much in Bonus shares and Cash?
Summary
Global IME Bank Limited has proposed a 10% dividend for fiscal year 2082/83, consisting of 4% bonus shares and 6% 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
- Global IME Bank Limited has proposed a 10% dividend for FY 2082/83.
- The board decided to issue 4% bonus shares and 6% cash dividend from paid-up capital.
- The dividend still needs approval from Nepal Rastra Bank and endorsement by the upcoming AGM.
- The company’s paid-up capital is Rs. 38.11 arba, and its LTP stands at Rs. 240.00.
