Citizens Bank International Proposes 4% Dividend for FY 2082/83
Summary
Citizens Bank International has proposed a 4% dividend for fiscal year 2082/83, combining a 3.80% bonus share and a 0.20% cash dividend. The payout is subject to approval from Nepal Rastra Bank and endorsement by the bank’s upcoming AGM.
Key Points
- Citizens Bank International Limited has proposed a 4% dividend for fiscal year 2082/83.
- The proposal includes a 3.80% bonus share worth Rs. 58.92 crores and a 0.20% cash dividend worth Rs. 3.10 crores, including tax.
- The dividend will be issued only after approval from Nepal Rastra Bank and endorsement by the company’s AGM.
- The bank’s last traded price stands at Rs. 206.00.
