Miteri Development Bank Proposes 11% Dividend for FY 2082/83; How much in Bonus shares and Cash?
Summary
Miteri Development Bank has proposed an 11% dividend for fiscal year 2082/83, including 5% bonus shares and 6% cash dividend for tax purposes. The payout will be finalized only after approval from Nepal Rastra Bank and endorsement at the company’s upcoming AGM.
Key Points
- Miteri Development Bank Limited has proposed an 11% dividend for fiscal year 2082/83.
- The proposal includes 5% bonus shares and 6% cash dividend from paid-up capital.
- The dividend is subject to approval from Nepal Rastra Bank and the company’s upcoming AGM.
- The bank’s latest traded price was Rs. 431.00 at the time of writing.
