Nabil Bank Limited Proposes 15.80% Dividend for FY 2082/83
Summary
Nabil Bank Limited has proposed a 15.80% dividend for FY 2082/83, including a 5% bonus share and 10.80% cash dividend for ordinary shareholders. The proposal now awaits approval from Nepal Rastra Bank and endorsement at the bank’s upcoming AGM.
Key Points
- Nabil Bank Limited has proposed a 15.80% dividend for fiscal year 2082/83.
- The plan includes a 5% bonus share and a 10.80% cash dividend for ordinary shareholders, along with an 8% dividend for preference shareholders.
- The dividend proposal is based on the bank’s current paid-up capital and accumulated profits.
- The distribution is subject to approval by Nepal Rastra Bank and the upcoming Annual General Meeting.