Machhapuchchhre Bank Limited Proposes 6% Dividend for FY 2082/83
Summary
Machhapuchchhre Bank Limited has proposed a 6% dividend for fiscal year 2082/83, including a 3% bonus share and 3% cash dividend. The payout is subject to approval from Nepal Rastra Bank and endorsement at the bank’s upcoming Annual General Meeting.
Key Points
- Machhapuchchhre Bank Limited has proposed a 6% dividend for fiscal year 2082/83.
- The proposal includes an 8.25% dividend for preference shareholders worth Rs. 7.45 crore.
- The bank plans to issue a 3% bonus share worth Rs. 36.25 crore and a 3% cash dividend worth Rs. 36.25 crore.
- The dividend will be distributed only after approval from Nepal Rastra Bank and the bank’s AGM.
