NMB Bank Proposes 7% Cash Dividend for FY 2082/83
Summary
NMB Bank Limited has proposed a 7% cash dividend for fiscal year 2082/83, worth Rs. 1.34 arba including tax, based on its paid-up capital. The payout will be finalized only after approval from Nepal Rastra Bank and endorsement by the upcoming AGM.
Key Points
- NMB Bank Limited has proposed a 7% cash dividend for fiscal year 2082/83.
- The dividend is valued at Rs. 1.34 arba including tax, based on the bank’s paid-up capital of Rs. 19.28 arba.
- An additional 8.25% cash dividend worth Rs. 12.20 crores will be distributed for preference shares.
- The proposal still needs approval from Nepal Rastra Bank and the bank’s upcoming Annual General Meeting.
