Siddhartha Bank Proposes 20% Dividend for FY 2082/83; How much in Bonus shares and Cash?
Summary
Siddhartha Bank Limited has proposed a 20% dividend for FY 2082/83, split into 10% bonus shares and 10% cash dividend from paid-up capital. The proposal also includes an 8.25% cash dividend for preference shares, pending approval from Nepal Rastra Bank and the company’s AGM.
Key Points
- Siddhartha Bank Limited has proposed a 20% dividend for fiscal year 2082/83.
- The plan includes 10% bonus shares and 10% cash dividend from paid-up capital.
- An additional 8.25% cash dividend worth Rs. 10.75 crore will be distributed for preference shares.
- The dividend will be implemented only after approval from Nepal Rastra Bank and endorsement by the upcoming AGM.
