Shine Resunga Development Bank Proposes 16% Dividend for FY 2082/83; How much in Bonus shares and Cash?
Summary
Shine Resunga Development Bank Limited has proposed a 16% dividend for fiscal year 2082/83, including 6% bonus shares and 10% cash dividend for tax purposes. The payout will require approval from Nepal Rastra Bank and endorsement at the company’s upcoming AGM.
Key Points
- Shine Resunga Development Bank Limited has proposed a 16% dividend for FY 2082/83.
- The proposal includes 6% bonus shares and 10% cash dividend for tax purposes.
- The bonus shares are valued at Rs. 30.13 crore and the cash dividend at Rs. 50.21 crore.
- The dividend will be issued only after approval from Nepal Rastra Bank and the company’s upcoming AGM.
